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
News By Tags | #7512 #788 #4943 #170 #879 #572 #607

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

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"

 

Above views are of the author and not of the website kindly read disclaimer