ITC500875Fmcg, cigarettes
Independent market expert Amrish Baliga said ITC is a great buying opportunity given attractive valuations and historical pattern of recovery after tax-driven corrections
Heard on business television between 15:19:52 - 15:22:52 IST.
- Amrish Baliga said ITC valuations are very attractive at current levels
- He noted historical pattern: ITC corrects sharply after tax hikes, then bounces back in six-seven months
- Said tax hit this time was high so passing on to consumers took longer, but normalization expected in next 2-4 quarters
- Called it a great buying opportunity for investors with a 12-15 month holding view
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Source: Live TV News Channel · 5 Oct 2026
The call above is Amrish Baliga's, reported here as they made it. Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.