Tue, Dec 17, 2024
Kolkata-headquartered cigarettes-to-hotels conglomerate ITC Ltd on Tuesday announced that a planned demerger of its hotels business into a separate company, ITC Hotels Ltd, will take effect from January 1. The conglomerate ITC on Tuesday said all conditions for the demerger are "fulfilled". Under the proposed demerger, ITC Hotels Ltd will issue equity shares directly to the shareholders of ITC to ensure that about 60 per cent stake is held directly by ITC shareholders in proportion to their shareholding in ITC while the remaining 40 per cent will remain with ITC. Read on to know important details about the proposed demerger between ITC Ltd and ITC Hotels Ltd.
More >
ITC sets January 1, 2025, as the effective date for its hotels demerger, retaining 40% stake to ensure strategic support and future growth.
Sun, Dec 08, 2024
ITC Agri Business Division is encouraging the cultivation of medicinal and aromatic plants to expand the conglomerate's presence in the fast-growing health and wellness products market in the food, personal care and other categories.
Thu, Dec 05, 2024
These FPOs, formed through the collectivisation of small and marginal farmers for handling agri-related activities, have now become a centre of economic activities in those regions and now ITC is trying to integrate them with the benefits of modern technology and science.
Tue, Dec 03, 2024
Sensex surges over 650 points, Nifty crosses 24,450; metal and financial stocks shine while Nifty Media leads sectoral gains. ITC and Bharti Airtel among key laggards.
Fri, Oct 25, 2024
The Indian markets opened with a mixed sentiment today as the Nifty crossed 24,400 while the Sensex showed early gains. ITC saw a rise in its stock price.
Though the FMCG major posted better-than-expected revenue during Q2, margins across segments remained under pressure.
Thu, Oct 24, 2024
ITC Q2 FY25 Results: Cigarettes-to-hotels conglomerate ITC on Thursday registered a 3.1 per cent rise in its net profit to Rs 5,078 crore for the July-September period, meeting analysts' expectations.
Wed, Oct 23, 2024
Zee Business research estimates ITC to post a mixed set of performance in Q2, with margin taking a slight hit.
Mon, Oct 07, 2024
Stock of the Day: Today Anil Singhvi gave the opinion of buying in ITC, Federal Bank, Metropolis and selling in IndusInd Bank. What is stoploss and targets? See in this video.
Thu, Oct 03, 2024
FMCG stock like Dabur is in focus as the company has shared its Q2 business update.
The brokerage held that the ITC stock shows good risk-reward ratio and can be bought for possible gains of 12 per cent.
Wed, Sep 11, 2024
Share Market News: The Sensex ended 398.1 points lower at 81,523.2 while the Nifty50 settled at 24,918.5, down 122.7 points from its previous close.
ITC at all-time high, how much more growth from here?, What to do after the fall in Bank Nifty?, Investment opportunity if Tata Motors falls?, Know from Anil Singhvi.
Amid strong buying action in the FMCG pack, ITC shares notched a fresh all-time high today.
Tue, Sep 03, 2024
On Tuesday, the 30-share BSE Sensex fell 4.40 points, or 0.01 per cent, to 82,555.44, capping a 10-day surge. During the day, it fell 159.08 points, or 0.19 per cent, to 82,400.76.
Sun, Aug 25, 2024
During the August 19-23 trading week, the Sensex rose 649.4 points - or 0.8 per cent - while the Nifty50 gained 282 points - or 1.1 per cent. Among the 39 weekly gainers in the Nifty50 basket were Bajaj Auto, Coal India and Hero MotoCorp, while ONGC, Mahindra & Mahindra and Tata Motors were among the top weekly losers.
Fri, Aug 02, 2024
Which stocks will be in focus today including ITC, Tata Motors, GHCL Textiles and Kalyan Jewelers? Opportunity to invest money in which IPO? On the basis of which news there will be action in the market? What are the important triggers for the market? Know here in Stock In News.
ITC Share Price Target: Shares of ITC Ltd are in focus today as the company FMCG giant has announced its results for the quarter ended on June 30, 2024.
For the review period, ITC reported mixed numbers with profit remaining flat on-year.
Thu, Aug 01, 2024
ITC Q1 FY25 Results: Kolkata-headquartered cigarettes-to-hotels conglomerate ITC has reported a 0.3 per cent increase in its standalone net profit to Rs 4,917.5 crore for the quarter ended June 30, missing analysts' expectations. Read on to know about the latest earnings report of ITC, whose popular cigarette brands include Classic and Gold Flake.
Wed, Jul 31, 2024
ITC Q1 FY25 Results Preview: Kolkata-headquartered cigarettes-to-hotels conglomerate ITC is expected to register a standalone net profit of Rs 5,020 crore for the first quarter of FY25, according to Zee Business research. Read on to know what to expect in the popular cigarette maker's upcoming earnings report.
Fri, Jul 26, 2024
ITC has invested across all businesses to enhance structural competitiveness and build an enterprise of the future.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
