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The Relative Strength Index of the stock stood at 62.42 on Wednesday.

The stock traded at a P/E multiple of 51.79, while the price-to-book value ratio stood at 2.22.

Promoters held 28.42 per cent stake in the company as of 30-Jun-2023, while FIIs owned 13.65 per cent, DIIs 9.43 per cent.

Strong order book, higher share of premium SUVs, CNG vehicles in the sales mix to improve ASP in FY24/25; further improved chip supplies and stable commodity prices to drive Revenue/EBITDA/PAT CAGR of 14%/16%/16% from FY23-26E

The automotive segment revenues are likely to show 33% YoY increase, driven by increase in volumes and ASPs due to price increases taken by the company and a richer product mix.

However, Sula Vineyards in an exchange filing said, "It may be noted that the Order does not affect the existing business or the activities of the Company. The Company has always strived to and carried out its business in compliance with extant laws and regulations in letter and spirit."

​In fact, if you are talking about GDP pickup happening, by the way, India will be probably the only economy after China which will give this kind of an option to the world to get into a growth phase and we will be crossing 5 trillion by 2027 or so.

ITC, incorporated in the year 1910, is a Large Cap company (having a market cap of Rs 570349.59 Crore) operating in Tobacco sector.

Meanwhile, domestic sales were at 3,71,204 units as compared to 4,30,684 units in July 2022. Exports, however, increased to 20,106 units from 14,896 units in the corresponding period of the last year.

A total of 5,101 shares changed hands on the counter till 11:21AM (IST)