sir i have itc and utiamc stocks each 1000 shares…shall i hold for longtime view
Hold ITC, IT will bounce back as is a monopoly stock in the market segment it caters to.
Can’t comment on UTIAMC.
please share opinions
ITC is a good bluechip business just because of the wrong demerger it’s in the corrected stage. More value unlocking may come in the future because of their different businesses like in retail, software, cigrattes etc. Highly dividend paying shows they keep honest value for their investors, dividend yeild 4.7%, undervalued right now as per PE, PEG and consumption is looking promising in future. Recent price hikes in cigrattes is supporting and nothing the less ITS A CASH GENERATING MACHINE.