Business Standard

ITC cigarette

From Goldman Sachs to CLSA, brokerages upbeat on this stock; details here

At 9:17 AM, ITC shares were trading nearly 0.50 per cent lower at Rs 439.45 per share. In comparison, S&P BSE Sensex was down 0.14 per cent at 75,309.65 levels

From Goldman Sachs to CLSA, brokerages upbeat on this stock; details here
Updated On : 24 May 2024 | 11:01 PM IST

BAT plans to sell up to 3.5% of stake in ITC, will own 25.5% after sale

The sale of 437 million ordinary shares in ITC through a block trade, will cut the Dunhill cigarette maker's shareholding to about 25.5% from about 29%

BAT plans to sell up to 3.5% of stake in ITC, will own 25.5% after sale
Updated On : 12 Mar 2024 | 6:05 PM IST

We want to take strategic positions in proximal markets: ITC's Sanjiv Puri

Puri told Business Standard in a recent conversation that the company would increasingly try to go outside India

We want to take strategic positions in proximal markets: ITC's Sanjiv Puri
Updated On : 12 Feb 2024 | 11:27 PM IST

In non-cigarettes push, how ITC built more than 25 FMCG mother brands

As we prepare to welcome 2024, ITC has metamorphosed from a tobacco giant into a conglomerate straddling multiple large-sized businesses

In non-cigarettes push, how ITC built more than 25 FMCG mother brands
Updated On : 27 Dec 2023 | 10:27 PM IST

ITC slides to a 5-month low; stock down 5% in 3 days post Q2 results

ITC was quoting at its lowest level since May 23, 2023 and has declined nearly 15% from its record high level of Rs 499.60 touched on July 24.

ITC slides to a 5-month low; stock down 5% in 3 days post Q2 results
Updated On : 25 Oct 2023 | 2:51 PM IST

ITC AGM, Q1FY24 nos: When will the stock breakout from consolidation mode?

ITC shares have corrected 10 per cent from their record high level of Rs 499.6, hit on July 24, 2023, as investors booked profit post the hotel business' demerger announcement

ITC AGM, Q1FY24 nos: When will the stock breakout from consolidation mode?
Updated On : 11 Aug 2023 | 9:28 PM IST

ITC hotel biz demerger allays capital allocation concerns, say analysts

Some investors may have preferred a vertical split (100 per cent direct). This move will not likely have a big implication for ITC's share price, wrote analysts at Jefferies in a note

ITC hotel biz demerger allays capital allocation concerns, say analysts
Updated On : 25 Jul 2023 | 11:21 PM IST

ITC hits new high on heavy volumes; enters Rs 6-trillion market cap club

FPIs increased their stake in ITC to 14.51 per cent at the end of the June quarter, up from 14.21 per cent seen at the end of March quarter

ITC hits new high on heavy volumes; enters Rs 6-trillion market cap club
Updated On : 20 Jul 2023 | 11:25 AM IST

ITC hits new high, up for the 5th straight day; soars 32% so far in 2023

Analysts raised their cigarette volumes growth estimate for FY24E considering market share gains from illicit cigarettes as well as strong growth in high price cigarettes.

ITC hits new high, up for the 5th straight day; soars 32% so far in 2023
Updated On : 25 May 2023 | 9:58 AM IST

ITC Q3 net profit rises 23.4% to Rs 5,006 cr on growth across segments

Revenues from the non-cigarettes FMCG segment was at Rs 4,848.95 crore compared to Rs 4,099.47 crore

ITC Q3 net profit rises 23.4% to Rs 5,006 cr on growth across segments
Updated On : 03 Feb 2023 | 10:40 PM IST

ITC hits new high in a subdued market; zooms 63% thus far in 2022

Post Q2 results, most brokerages have either recommended a 'buy' and an 'accumulate' rating on ITC with target prices in the range of Rs 365 to Rs 405

ITC hits new high in a subdued market; zooms 63% thus far in 2022
Updated On : 02 Nov 2022 | 1:25 PM IST

Our Ebitda share from non-cigarette biz at 27%: ITC CMD Sanjiv Puri

As part of the ITC Next strategy, we are making sure that the organisation remains agile, nimble and consumer-centric at all times

Our Ebitda share from non-cigarette biz at 27%: ITC CMD Sanjiv Puri
Updated On : 31 Oct 2022 | 11:42 PM IST

ITC stock slips despite good performance in September quarter

All analysts are bullish on the firm with target prices ranging from Rs 375 to Rs 490

ITC stock slips despite good performance in September quarter
Updated On : 21 Oct 2022 | 10:40 PM IST

ITC Q2 net profit rises 24% to Rs 4,619.77 crore; revenue up 24.4%

The company attributed the performance to strong and broad-based growth across markets and channels

ITC Q2 net profit rises 24% to Rs 4,619.77 crore; revenue up 24.4%
Updated On : 20 Oct 2022 | 11:21 PM IST

ITC's Q2 net profit up 21% at Rs 4,466 cr as cigarette, snacks sales rise

ITC's standalone revenue from operations rose 27% to Rs 17,160 crore in Q2FY23

ITC's Q2 net profit up 21% at Rs 4,466 cr as cigarette, snacks sales rise
Updated On : 20 Oct 2022 | 9:13 PM IST

After over 50% rise in 2022, is the stupendous rally in ITC fizzling out?

However, the counter has lost over 5 per cent from its recent high of Rs 346.25 hit on September 23, 2022 and has underperformed the S&P BSE Sensex, which has lost nearly 2 per cent since then

After over 50% rise in 2022, is the stupendous rally in ITC fizzling out?
Updated On : 28 Sep 2022 | 9:49 PM IST

With new hotel brands, ITC checks in with 'house of brands' model

ITC has launched two brands - Storii, in the boutique premium segment, offering immersive experiences, and Mementos, a collection of unique luxury properties across destinations

With new hotel brands, ITC checks in with 'house of brands' model
Updated On : 14 Sep 2022 | 6:19 PM IST

India at 75: These pre-independence companies thrived in independent India

These companies that operated under the constraints of British rule before 1947 helped India become self-sufficient in various sectors after independence

India at 75: These pre-independence companies thrived in independent India
Updated On : 15 Aug 2022 | 1:21 PM IST

ITC hits over 3-year high as FPIs hike stake; stock up 40% so far this year

FPIs holding in ITC increased to 12.68% in June quarter from 11.99% in the preceding quarter and 9.99% at the end of December quarter.

ITC hits over 3-year high as FPIs hike stake; stock up 40% so far this year
Updated On : 27 Jul 2022 | 2:47 PM IST

How tobacco-to-hotels major ITC rose to the challenge during pandemic

ITC Chairman and Managing Director Sanjiv Puri's three years in charge have seen structural shifts that steadied the cigarettes to hotels major against a tough business environment

How tobacco-to-hotels major ITC rose to the challenge during pandemic
Updated On : 08 Jul 2022 | 9:57 PM IST