ITC Ltd News

Increased tax on cigarettes pulls down ITC's Q1FY27 profit by 16.2%

Steep tax changes hit the cigarettes business, while the FMCG segment posted double-digit growth despite inflationary pressures arising from the West Asia conflict

ITC's Q1 profit drops 27% as premium cigarette demand softens amid tax hike

India's ITC reported ​a 27% fall ​in quarterly profit ‌on Friday, as fresh cigarette tax hikes this year squeezed margins, while staggered price hikes weighed ‌on demand for pricier brands

Q1 results: Maruti Suzuki, ITC, Indian Oil, ABB India, 107 more on July 31

Q1FY27 company results: Firms including Bajaj Finserv, Aditya Birla Capital, GAIL (India), Shree Cement, Dixon Technologies, and Sun Pharmaceutical are also to release their April-June earnings today

ITC stock: Can Sanjiv Puri's FMCG dream trigger re-rating?

ITC stock: Analysts believe Sanjiv Puri's AGM commentary on the FMCG business has the potential to revive sentiment around the stock, but the real benefits will be visible over the medium to long-term

Stocks to Watch today: Tata Steel, ITC, Sun Pharma, Swiggy, IOCL, IRFC

Stocks to watch today: Tata Steel, Tata Power, ITC, Sun Pharma, Swiggy, IOCL, IRFC, Maruti Suzuki, Bajaj Finance, JBM Auto, LIC Housing Finance, Hyundai Motor, among others, will be in focus today

ITC Q1 preview: Analysts see 10-13% Y-o-Y dip in revenue, PAT

ITC Q1 results preview: Analysts expect a double-digit decline in both revenue and profit as steep tax hikes on cigarettes could weigh on volumes and margins.

Nifty50 spends 100 trading days below 200-DMA, longest in a decade

The NSE Nifty 50 index has been quoting below its long-term 200-day moving average since February 27, 2026.

ITC re-architecting cigarette portfolio after tax hike: CMD Sanjiv Puri

The ITC chief said the company is pursuing calibrated pricing and portfolio innovation to curb illicit trade while continuing investments to diversify beyond cigarettes

ITC eyes ₹8 trillion FMCG market by 2035, bets on AI, premiumisation

ITC expects its FMCG market to expand to around Rs 8 lakh crore by 2035 as the conglomerate looks to strengthen its position through a combination of brand-building, digital commerce expansion, and strategic acquisitions, Chairman & Managing Director Sanjiv Puri said on Thursday. Addressing shareholders at the company's Annual General Meeting (AGM), Puri said the Indian FMCG market was "poised for significant expansion" as the consumer landscape evolves rapidly. "The rise of aspirational Bharat, premiumisation, Gen Z and Gen Alpha consumers, expanding digital access and the growth of quick commerce are reshaping categories, channels and expectations," he said. To capitalise on these trends, ITC is leveraging an AI-led consumer insight ecosystem that enables micro-segmentation and supports the development of differentiated offerings tailored to evolving consumer needs, lifestyles and occasions, Puri said. He also underscored the growing role of online and omnichannel commerce in ...

Ajit Mishra recommends buy on Aether Energy, Sun Pharma; sell on ITC

Ajit Mishra of Religare Broking says that Ather Energy and Sun Pharma have a given a upside breakout after a period of consolidation, while ITC seems to be losing momentum on charts.

ITC's FMCG business clocks consumer spend of over ₹37,000 cr in FY26

ITC's non-cigarette FMCG portfolio crossed Rs 37,000 crore in annual consumer spend in FY26, driven by strong brand growth, acquisitions and rising household reach

ITC can rally up to 13%; key momentum indicator flags 'Buy': Bajaj Broking

Analysts at Bajaj Broking said the monthly stochastic rebounded from oversold territory and generated a 'Buy' signal, suggesting a likely positive bias going ahead.

Fertilisers, FMCG: Markets not overly worried about weak monsoon just yet

According to a recent India Meteorological Department (IMD) release, India recorded 45.6 mm of rainfall by June 20 against the seasonal normal of 84.4 mm, resulting in a 46 per cent shortfall.

Kotak Securities recommends 'Buy' on ITC, NBCC; here's why

Stocks to buy today: Shrikant Chouhan of Kotak Securities has recommended a 'Buy' on ITC and NBCC, with fair value seen at ₹365 and ₹115, respectively.

DIIs raised stake in these 34 stocks for 8 consecutive quarters; full list

Domestic Institutional Investors have increased stake in 34 Nifty 500 stocks such as - Adani Power, Paytm and Eternal among others - quarter-after-quarter after March 2024, shows shareholding data.

FMCG shares in focus; HUL, Dabur, Nestle, Marico gain up to 3%; here's why

Despite global uncertainties, subpar monsoon outlook and volatile commodity prices, FMCG firms have given resilient outlook for FY27 with H2FY27 expected to be better versus H1FY27, say analysts.

Retail holding tops FIIs in 118 Nifty 500 stocks since March 2024; who won?

In last two financial years, retail investors increased holding in 118 Nifty 500 stocks where FIIs cut stake; of these 65 stocks trade below March 2024 levels amid tepid market mood, shows data.

ITC slips 9% in 3 days; plunges 32% so far in 2026; should you buy or sell?

Volatility in cigarette volumes and EBIT to moderate from the initial transitionary phase; and given the MRP revisions are still underway, the outlook for cigarette biz remains uncertain, analysts.

Nifty FMCG index sheds 2%; Dabur slips 4%; ITC, Britannia hit 52-week lows

In the past one month, the FMCG index has underperformed the market, by falling 5 per cent, as against 2.3 per cent decline in Nifty 50.

ITC stock nears 52-week low; slips 8% in 1 month, down 21% thus far in 2026

While the taxation environment for the tobacco sector presents near-term challenges, ITC aims to maintain its market standing through an integrated seed-to-smoke value chain and premium offerings.