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Company says it remains focused on completing project in expeditious manner
On year-to-date (YTD), basis, ITC has slipped nearly 24 per cent. In comparison, the Nifty FMCG index has gained 2 per cent, while the Nifty 50 has slipped 5.3 per cent during this period
The investment in both the stocks, however, was about the same, around Rs 200 crore, though ITC did subscribe to EIH's rights issue in 2011.
CEO Sanjay Puri says biggest headroom to grow is in the FMCG space as internal capabilities can be leveraged there