07-05-2022 05:54 PM | Source: Geojit Financial Services Ltd
Comment on ITC breaks record to turn Nifty topper from Dr. VK Vijayakumar, Geojit Financial Services
Quote on ITC breaks record to turn Nifty topper from Dr. VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services
"Globally now there is a trend in favour of value stocks. ITC, a classic value stock, has been underperforming due to ESG concerns, particularly since tobacco contributes the bulk of ITC's bottom line. This underperformance which had no fundamental basis is being corrected now"
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