Bronze Member

902 Messages

FPI stake in ITC is reducing every quarter, it is 10.81% at the end of September 2021. ESG Concerns on Cigarette business to remain big hurdle for further rise in valuations. This company is valued realistically, other FMCG are valued much above their intrinsic value and risk correction once money supply liquidity is dried up as measures for same have started across the world including India. No GSAP, VRR at near to 4% and rising bond yields in india and globally are a few signs of tightening liquidity.

12.14 PM Oct 13th
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