<ul><li>Antique Stock Broking has raised its target price on ITC to Rs 563 and maintained a 'buy' rating.</li><li>ITC's strategy of offering cigarettes at various price points and its premium FMCG portfolio are expected to drive growth.</li><li>However, steep inflation in raw material prices may impact profit margins for both the cigarettes and FMCG segments.</li><li>Antique Stock Broking believes ITC's diversified portfolio and strong performance make it an attractive investment at the current stock price.</li></ul>

ITC Sees Target Upgrade As Antique Stock Broking Bullish On Staples And Cigarettes Business

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