For those investors who are happy getting into a stock for dividend and where the downside risk is limited, ITC could be a good fit but for growth oriented investors looking to outperform the market, ITC does not fit the bill.
May, however, was a very tough month. Rest of India too got impacted and even in Maharashtra things got worse. There was high absenteeism at plants and there were more supply chain issues. So, May is going to be a pretty tough month for everyone across the board.
India Inc honchos say they are scaling up vaccination quickly with a focus on bringing down employee mortality rates, infuse confidence, and commence the process of eventually safely getting back to workplaces. ET had reported last week that Reliance Industries has begun one of the largest vaccination drives in the country to potentially cover 1.3 million persons.