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Prabhudas Lilladher Report
ITC Ltd.'s first Investor meet highlighted strategic growth drivers and its strategy around environmental, social and governance principles.
The company is committed to sustain growth across key segments led by cross segment synergies, innovation, digital, go-to-market initiatives and entry in new categories.
ITC is committed to asset light business model in hotels and value unlocking in fast moving consumer good, although no concrete road map was disappointing for investors who have been pinning hopes for the same.
We believe the company will target aggressive organic and inorganic growth in ITC Infotech given huge growth opportunity with little chances of any demerger or listing in near term.
We believe FMCG and IT services will unlock maximum value for shareholders over the years, with no short cuts in near term.
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