BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Motilal Oswal Report
ITC Ltd.’s refreshed strategy across business divisions places digital prowess and sustainability at its center, as it focuses on remaining nimble to address the fast-evolving trends and consumer preferences.
Management will also explore growth opportunities through the merger and acquisition route and will undertake higher investments to drive exports.
ITC has 10 operational integrated consumer goods manufacturing and logistical facilities located close to high demand centers. These facilities have resulted in shorter distance to market, reduced emissions, improved quality and hygiene, as well as an improved supply chain.
After subdued demand over the last two years, cigarette volumes surpassed pre-pandemic levels in the latter half of FY22. Relative stability in cigarette taxation in recent years has helped the organised industry partially claw back the volumes lost to illicit trade with ITC being a prime beneficiary.
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