Sun, Jan 28, 2024
The market valuation of HDFC Bank fell by Rs 32,661.45 crore to Rs 10,90,001.31 crore.
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Mon, Jan 22, 2024
Jefferies expects Ayodhya to beat Vatican City and Mecca, Saudi Arabia, in terms of footfall.
Thu, Jan 18, 2024
The ITC's import ban on Series 9 and Ultra 2 Apple Watches briefly went into effect on December 26.
Thu, Sep 16, 2021
The celebrations in the stock markets refuse to die down as the BSE Sensex hit the 59,000-mark for the first time ever. The 30-share index scaled levels of 59,010.54 on the intraday basis on Thursday. At 12:37 pm, BSE Sensex was trading at 58,977.10, up by almost 254 points or 0.4 per cent after the markets today opened positively
Fast-moving consumer goods (FMCG) company ITC's share price has jumped 8 per cent to Rs 233.3 per share, hitting a 6-month high on the BE intraday trade on Thursday. Market analyst Simi Bhaumik says he has never witnessed such a rally in the Index heavyweight.
Thu, Sep 09, 2021
Stocks in News – ITC share, Marico share, Hindustan Unilever shares –Nilesh Jain, Assistant Vice President (AVP), Equity Research Technical and Derivatives at Centrum Broking, is bullish on the FMCG sector stocks. He recommends these three stocks for high returns. He said that this is one sector whose impact will never fizzle out
Thu, Jul 15, 2021
Puri, who took over as the company's chairman and managing director from May 13, 2019, had a remuneration of Rs 6.86 crore in 2019-20.
Wed, Jun 02, 2021
ITC Board has recommended Final Dividend of Rs 5.75 per Share. Total Dividend for FY21 is Rs 10.75 per share including Interim Dividend of Rs 5 per share, while FY20 dividend was Rs 10.15 per share. ITC witnessed robust growth of 24.1% in Q4 Gross Revenue; Q4 PBT up 7.6%; comparable Q4 PAT up 8.4% (after adjusting for one-time benefit in the corresponding quarter of the previous year). ITC saw strong sequential recovery across all operating segments
ITC registered mixed performance in Q4FY2021 with revenue growing by 24% (boosted by 79% growth in agri-business), while OPM was down by 486 bps to 31.6% due to change in revenue mix and lower profitability in the hotel business. The cigarette business’s net revenue (excluding the excise duty) grew by 6.7% yoy with volume growth of 8% (versus volume decline of 7% in Q3 and 12% in Q2). Sharekhan says maintain Buy on ITC with a revised price target of Rs 265
While the Q4FY21 results posted by ITC Ltd were weaker than the expectations, Zee Business Managing Editor’s trust on the FMCG major remains intact. He reiterates his stand on ITC and advises the investors to stay put in the stock as there were no issues with the company.
Tue, Jun 01, 2021
ITC Ltd today announced its Q4 FY21 results reporting a 24 per cent jump in its gross revenues. The Q4 Profit Before Tax (PBT) was also up 7.6 per cent while comparable Q4 Profit After Tax (PAT) up at 8.4 per cent, the company informed in its filing to exchanges
All eyes are now set on the Q4FY21 results of ITC Ltd as the company could announce the earnings results anytime soon. This stock today ended the Tuesday’s trading session on a negative note. The stock ended at Rs 215.90 on the NSE, down by 0.3 per cent. Zee Business’ Varun Dubey, Senior Research Analyst gives a sneak peek into what the investors can expect today
HDFC Securities says that ITC has a diversified presence in cigarettes, FMCG, hotels, packaging, paperboards & specialty papers and agri-business. Apart from having a near borderline monopoly in its traditional business of cigarettes, ITC is the country's leading FMCG marketer, a clear market leader in the Indian paperboard and packaging industry, a globally acknowledged pioneer in farmer empowerment through its wide-reaching agribusiness, and a preeminent hotelier in India - a trailblazer in 'Responsible Luxury' chain of hotel
Mon, May 17, 2021
HDFC Securities says that ITC has a diversified presence in cigarettes, FMCG, hotels, packaging, paperboards & specialty papers and agri-business. Apart from having a near borderline monopoly in its traditional business of cigarettes, ITC is the country's leading FMCG marketer, a clear market leader in the Indian paperboard and packaging industry, a globally acknowledged pioneer in farmer empowerment through its wide-reaching agribusiness, and a preeminent hotelier in India - a trailblazer in 'Responsible Luxury' chain of hotels. ITC's wholly-owned subsidiary
Mon, Apr 05, 2021
ITC share price today has crashed over 2.5 per cent during the opening session today. It went down to 214.25, which was Rs 5.80 lower from its previous close on 1st April, 2021.
Mon, Mar 22, 2021
Axis Securities highlights trading strategies for traders. Technical analysis of all the 3 stocks (Indian Railway Catering and Tourism Corporation Limited (IRCTC), Tata Power, and ITC) highlighted below will help traders to understand the technical levels for the stock. The holding period for these 3 stocks is 3 – 4 weeks. The stop losses should be kept intact while keeping the targets intact.
Fri, Mar 19, 2021
ITC Share Price: Demerger reports have impacted this company's share price considerably over the last few days. While ITC has chosen not to acknowledge any such thing officially, reports of demerger are refusing to go away.
Morgan Stanley believes ITC has exited a painful decade of high cigarette taxes, ESG headwinds, diverging global trends, an underperforming FMCG business, and the loss of foreign flows. While not all of these headwinds will go away, Morgan Stanley sees these two that could drive a re-rating. Morgan Stanley maintains an overweight rating on ITC with a target price of Rs 251
Thu, Mar 18, 2021
Analyst Vikas Sethi’s first stock was a company from the FMCG segment. This company is ITC. He said that the demerger of its business as reported by Zee Business is on the cards. This stock has no risk and should be kept with long term perspective. He said that the fundamentals of ITC are "rock solid". Sethi said adding that they are available at a very reasonable valuation in comparison to its peers
Wed, Mar 17, 2021
ITC share price history suggests it has been trading in the range of Rs 200 to Rs 210, but after a month at this level, it has finally, surged more than 2.5 per cent to Rs 213.40 levels today.
Zee Business Executive Editor Swati Khandelwal today said that there was a big development happening in ITC. Quoting sources, Khandelwal said that ITC is readying a Demerger plan. Going forward, ITC is expecting a big unlocking of value for shareholders.
Fri, Mar 12, 2021
ITC Share Price Today: Indian multinational conglomerate company ITC share price history for the last one week suggests that ITC stock is range-bound between Rs 205 to Rs 210.
Tue, Mar 09, 2021
The IPO of Easy Trip opened on 8 March and it has been getting a very good response. This public issue was subscribed over 2.3 times on Monday. In chat with Zee Business Managing Editor Anil Singhvi, Kushal Gupta said that the participation from retail investors has been very encouraging. The response in this IPO seems to have a positive impact on some other companies in this space, he said
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