India, Feb. 18 -- The shares of this company, which is the largest cigarette manufacturer and seller in the country and operates in four business segments at present, which are FMCG Cigarettes, FMCG Others, Paperboards, Paper and Packaging, and Agri Business, were in the news today after UBS revised their target on the company along with the rationale.

With a market cap of Rs 4.15 lakh crore, the shares of ITC Ltd gained 2 per cent in today's trading session and reached a high of Rs 331.9. When compared to its previous day's closing price of Rs 325.3, the shares are trading at a PE of 20.1 compared to its industry PE of 43.5.

UBS on ITC. The shares of ITC Ltd were down by almost 20% in the year-to-date period, hitting a 52-week low of R...