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The Rule Of Five.

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| August 01, 2004 | COPYRIGHT 2004 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Business Today (India))

Byline: Narendra Nathan, Shilpa Nayak

5 STOCKS THAT YOU SHOULD BUY BECAUSE OF THE BUDGET

ITC

Closing Price on July 9: Rs 1,057

Price-Earnings Multiple: 15.19

Cigarettes have been spared the routine increase in excise duty that happens in every Budget. And the overall emphasis on agriculture should benefit a company that derives around 17 per cent of its revenues from agri-business.

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