On the weekly options front, the maximum Call OI is placed at 22,700 and then towards 22,500 strikes while the maximum Put OI is placed at 22,000 and then towards 22,200 strikes.
ITC’s tobacco business is going cheap but Kotak Institutional Equities thinks market has it wrong
Kotak Securities estimates ITC’s tobacco business is valued at just 11X forward earnings, suggesting potential undervaluation. The brokerage sees stronger growth in non-tobacco businesses and