Acquiring a start-up mentality could be the cure for severe underperformance of the ITC stock
What can help ITC’s shares break out of this valuation rut they find themselves in? Consider their performance in the past 12 months. The broad market has risen by 52 percent in this period. Now Hindustan Unilever also underperformed the market, rising by 30 percent in this period, but ITC’s 13 percent increase puts it far behind. This level of underperformance and its shares staying put even as markets march ahead has made its shares the butt (pun unintended)…
