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ITC Undervalued in FMCG Sector: SBICAP Securities

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  • Published On: September 09, 2014
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Sagarika Mukherjee, Research Analyst at SBICAP Securities, says ITC is currently trading at 20-23 times its FY16 earnings compared to over 30 times earnings multiple for other companies in the FMCG sector.

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