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ITC expecting upcoming festive season to push demand of products

08 Sep 2020 Evaluate

ITC is expecting the upcoming festive season to push demand of products, including some discretionary items like perfume, confectionery and cosmetics. The company is also witnessing a surge in its online sales, with e-commerce contributing around 4.2 percent to its overall turnover. It has witnessed fast growth in its online business in the wake of the pandemic and expect to continue the momentum.

ITC has business a interests in cigarettes, hotels, paperboards and specialty papers, packaging, agribusiness, packaged foods and confectionery, information technology, branded apparel, personal care, stationery, safety matches and other FMCG products.

Peers
Company Name CMP
ITC 257.20
Godfrey Phillips Ind 1670.00
VST Industries 197.00
Indian Wood Products 35.34
NTC Industries 123.15
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