Wed, Oct 18, 2023
ITC Q2 results: FMCG business is expected to witness 8 per cent growth, as per the research desk. The margins of the FMCG vertical are also expected to improve.
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Tue, Jul 25, 2023
Zee Business brings to you 3 stocks recommended by brokerage firms to keep an eye out for under Rs 500.
Wed, May 31, 2023
ITC shares hit a new all-time high of Rs 452 on the BSE on May 31, rising for the ninth consecutive session. The stock surpassed its previous peak by 25 paise. Year-to-date gains for ITC stand at nearly 35%, outperforming the Nifty index.
Wed, Dec 09, 2020
ITC focuses on both reducing its own carbon footprint and increasing sequestration through afforestation. 41% of its energy use comes from renewable sources and efficiency is engrained in all its offices, hotels and even data centres. It works with local communities to drive afforestation, 820000 acres of forest have been created till date leading to 150 million days of employment. ITC sequesters 2x the amount of carbon dioxide it emits, with a target to reach 4x by 2030.
Thu, Nov 26, 2020
ITC’s derating in the past year was a factor of ESG-related concerns, regulatory tightening, capital allocation and Covid-19 uncertainty; most of these concerns are set to be addressed as the FMCG business is at an inflection point and capital-allocation issues are being addressed. While the stock has rerated 15% since October, CLSA still sees 25% upside, including about 5% dividend yield.
Wed, Jun 05, 2019
Now that, PM Modi is back in office investors have entered to June 2019, where focus has shifted towards RBI monetary policy, thus one has to make most of stock markets.
Fri, Jul 27, 2018
ITC share price spiked nearly 7 per cent to hit its fresh 52-week high on Friday after the cigarette-to-FMCG firm reported 10 per cent increase in standalone net profit at Rs 2,818.68 crore for the June quarter, aided by lower expenses, good growth in agri-business and other FMCG business despite decline in cigarettes sales.
Wed, Jul 19, 2017
The Sensex of the BSE after opening at 31,882.80 points, touched a high of 31,885.17 points and a low of 31,796.73 points.
Fri, Mar 17, 2017
Motilal Oswal said, "Cap announced on the cess applicable on the 5 commodities under the GST, to bring the GST rates on these commodities closer to the existing ones. The GST progressed further. Some clarity on rates could bring upsides to stocks like ITC."
Tue, Feb 14, 2017
The Dalal Street opened on a negative note during Tuesday trading, despite retail inflation cooling further and stronger global indices.
Fri, Jan 27, 2017
Financial stocks led by ICICI Bank, SBI, Axis Bank and HDFC Bank hogged the limelight on the back of better-than-expected earnings by most so far, which rose by up to 4.74%, lifting the BSE bank index by 1.50%.
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