ITC Success Story - Business Model, Revenue Model, and More
ITC Success Story - Business Model, Revenue Model, and More
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ITC Hotels Q1 Results: It has delivered a strong Q1 performance with a 54% year-on-year surge in profit, rising to ₹133 crore. Revenues jumped 15% to ₹816 crore, and EBIT saw steady improvement. But despite the strong numbers, experts are cautious. With the stock trading at fair-to-full valuations (~32x forward earnings), is there any upside left? Market expert Sharad Avasthi, Head of Research (PCG), SMIFS weighs in on whether ITC Hotels is still worth buying after its recent listing or if bets
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