ITC’s “asset-right” strategy, reiterated by Chairman Sanjiv Puri at the company’s 112th Annual General Meeting (AGM) on Friday, received a thumbs-up from analysts. Â
They, however, believe what’s needed for the stock to breakout from the consolidation is the sustained earnings growth and synergies from the demerged hotel vertical.
First Published: Aug 11 2023 | 3:05 PM IST