Page 2 - Itc Cigarette

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

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

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

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.

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

More upside in ITC stock with some help from stable taxation of cigarettes

Analysts say while valuations of global tobacco peers are back to pre-pandemic levels, ITC still trades at a 24% discount to its Jan 2019 valuation of 25.4x one-year forward EPS

ITC gains 2% in a weak market, stock nears 52-week high

A stable tax environment for cigarettes in recent years has allowed ITC to calibrate price increases to avoid a disruption in demand.

ITC stock shines on improving growth outlook: Here are the key triggers

Steady cigarettes demand, rising agri exports, better prospects of hotels and paper businesses, low valuation and reasonable dividend yield key triggers

ITC: Analysts decode company's first-ever investor meet statements

Though ITC is well-covered by consensus, whether it is well-understood has always remained a question, analysts believe

Weak cigarette volumes, margins in Q2 weigh on ITC, stock sheds 5.5%

Decision by the panel on tobacco tax remains the key trigger

ITC Q2 preview: Analysts see 13% YoY revenue jump; high costs may hit PAT

On the bourses, the stock of the cigarette-to-hotels conglomerate rallied 16 per cent on the BSE during the quarter under review, as against around 13 per cent gain in the benchmark S&P BSE Sensex

ITC consolidated profit up 30% at Rs 3,343 crore in June quarter

Consolidated revenue from operations stood at Rs 14,240.76 crore compared to Rs 10,478.46 crore reported in the same quarter last year

ITC slips 3% post Q4 results. Can the stock enter a prolonged bear phase?

Analysts remain cautious on cigarettes and hotels businesses in the medium term. On the techncial charts, the stock is in the process of forming an 'Island Reversal Pattern'

ITC Q4 consolidated net profit falls 3%, declares final dividend of Rs 5.75

The FMCG major's consolidated revenue from operations rose to Rs 15,404 crore

ITC Q4 preview: Single-digit revenue growth seen; PAT may dip up to 7% YoY

Brokerage JM Financial expects PAT to decline 6.4 per cent YoY to Rs 3,554.9 crore during the quarter ended March 2021

ITC dips 3% as investors book profit post December quarter results

With today's decline, the stock of ITC has slipped 8 per cent from its 52-week high level of Rs 239

ITC hits over 11-month high in muted market; stock up 10% in a week

ITC's FMCG business is expected to continue its growth momentum with higher growth in packaged foods categories, brokerages believe

New draft law on minimum age a potential headwind for cigarette makers

Analysts view the development as negative for ITC, Godfrey Phillips and VST Inds

ITC Q2 preview: Revenue from hotels biz may fall over 90%; FMCG to do well

Key monitorables include cigarette volume growth, outlook on hotel, and paper businesses.

Localised lockdown impacting ITC's recovery pace, outlook uncertain: Puri

ITC would respond with agility to strengthen its market standing while sharply focusing on cost reduction measures, Puri reassured shareholders