Top Stocks to Buy before Budget 2012
2. ITC
LKP Advisory is very bullish about ITC, stating that its current market price is
206.90 and has a target aim of
225, which will fetch a return of 6 percent.
ITC Limited is an India-based company engaged in four business segments: Fast Moving Consumer Goods (FMCG), Hotels, Paperboards, Paper & Packaging and Agri Business. The FMCG segment includes Cigarettes, which consists of cigarettes, cigars and smoking mixtures, and Others, which include branded packaged foods (staples, biscuits, confectionery, snack foods, Noodles and ready-to-eat foods), garments, educational and other stationery products, matches, agarbattis and personal care products. The hotel segment includes hoteliering. The paperboards, paper and packaging segment includes paperboards, paper, including specialty paper, and packaging including flexibles. The Agri business segment includes agri commodities, such as rice, soya, coffee and leaf tobacco. The Company’s Agri Business markets agri commodities in the export and domestic markets. Other includes information technology services, filter rods and investments. In September 2011, the Company acquired Russell Credit.
ITC’s average volume trading is 8,526,485. Its 52 week high value is
216.20 and 52 week low value is
165.60.

