you say it is the safest bet. Its most of the profit is driven from cigarette business which is likely to go down. Paper will not be doing well as it is high capital intensive business.
about Agri and Hotel every one know that these are seasonal business. It has not performed well in comparison to other MNC.
Capital is also about 370cr large enough.I would like to know your views please.
karshin
ITC`s cingarettes business never go down nor its profits upward growth.Paperboards next good to cigarettes business. Capital intensive but huge cash generation and capital appreciation.Agri Tobacco even better than cigarette business huge export to BAT.What else you expect in 100th year with 13000 cr free reserves with low capital of 377 cr. we can expect 3:2 bonus if not minimum of 1:1