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ITC Q1 Review - Weak Results With Moderate Cigarette, FMCG Growth, Margin Decline In Paper, Agri: Systematix

The stocks has appreciated meaningfully, leaving little upside to what the brokerage believes is a fair valuation given the ongoing consolidation in growth trajectory and limited margin levers.

<div class="paragraphs"><p>ITC Products. (Source: Company website)</p></div>
ITC Products. (Source: Company website)
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