FMCG ITC

ITC shares have underperformed the market by falling 5 per cent in the past one month, as against a 2.2 per cent rise in the Nifty 50.

Sensex Today | Stock Market close: Barring Nifty PSU Bank and Nifty Oil & Gas, all other sectoral indices on the NSE settled lower

Brokerages were unanimous that the non-cigarette FMCG business remains a bright spot in ITC's portfolio.

Following the rationalisation of rates under the new GST reforms, most daily-use items have shifted to the lower 5 per cent tax slab, creating a challenge for FMCG firms

In the past six months, ITC stock has underperformed the market by declining 7 per cent, as compared to 6 per cent rally in the BSE Sensex and 0.8 per cent gain in the BSE FMCG index.

Consumer spend on ITC's FMCG brands grew 4.6 per cent to over Rs 34,000 crore in FY25, with rural demand holding up despite muted growth across the broader sector

ITC shares dropped 4.13 per cent to ₹413 (adjusted for dividend) in Wednesday's intraday trade on the NSE following a large block deal.

ITC's stock rose as much as 1.98 per cent after it reported a multifold increase in its profit for the fourth quarter

ITC and Jyothy Labs have given a breakout above the super trend line resistance on the daily scale; here are the key levels to watch out on these 2 stocks as the trend turned favourable on charts.

On March 31, 2025, ITC had signed a Business Transfer Agreement to acquire the pulp and paper undertaking of Aditya Birla Real Estate Limited. Analysts view this development as a positive.

The Nifty 50 index has shed nearly 13% in the last five straight months, its longest losing streak since November 1996; equalling its second-worst ever in the 30-year history.

The previous session closed out 2024 with mixed sentiments. Despite a strong recovery from intraday lows, the benchmarks ended in the red, weighed down by losses in IT & select banking shares

Technically, ITC is seen trapped in a thin range of Rs 460 - Rs 490 for now. Meanwhile, analysts at SBI Securities are optimistic of ITC's prospects post demerger and see 15% upside for the stock.

ITC stock surged over 88 per cent after the company's board approved the hotel demerger in August 2023; at present levels, the stock is down 11 per cent from its peak. Key levels to watch out now.

In Q2FY25, ITC's sales on quick commerce grew by over 50 per cent year-on-year on a smaller base, contributing 50 per cent of its overall e-commerce sales

5 stock ideas for Samvat 2081: ICICI Bank, ITC, Macrotech Developers, Varun Beverages and Thyrocare Technologies can rally up to 54%, suggests technical charts.

Revenue rises 16% in Q2FY25; cigarette segment records 6.6% Y-o-Y growth in revenue

The demerged company, ITC, is a listed company, while the resulting company, ITC Hotels, is presently unlisted. ITC shares are listed on the NSE, and BSE

Sharekhan believes that ITC is entering a phase of consistent earnings growth trajectory

In the agri business, cost escalation in leaf tobacco and other agri-commodities weighed on margins during the quarter