Page 3 - ITC Ltd News

Q2 results preview: Destocking prior to GST 2.0 may impact FMCG sales

FMCG companies face muted sales in July-September as distributors slow purchases ahead of GST-driven MRP cuts, with Hindustan Unilever citing a short-term impact

Stocks to Watch today, Sept 26: Pharma, IT, auto, Polycab, Rites, Eternal

Stocks to Watch today, September 26, 2025: From Pharma, auto to Polycab, here is a list of stocks that will be in focus

ITC upbeat on festive demand with GST relief, but flags inflation risks

Leading FMCG player ITC expects a surge in the festive demand this season after the GST rate cut, and reduced prices will have a multiplier impact on volumes for the packaged food industry, a senior company official said. However, the FMCG major is also cautious about the existing inflation on some products, its Executive Director and Divisional Chief Executive of the Foods Business Division, Hemant Malik, said. ITC, which owns popular brands as Aashirvaad, Sunfeast, Bingo!, and B Natural, has already passed on the benefits of the GST rate cuts applicable from September 22, and expects a boost in consumption and investment as well as a multiplier impact on the economy. "A lot of expenditure by consumers is also driven by sentiment. When the message reaches consumers that prices have come down, it does allow people to open their purses. Once that happens, it is a multiplier impact in terms of volume increase It has a multiplier impact on the economy, both from the aspect of employme

ITC, Nestle, HUL: Charts show 5 FMCG stocks on verge of fall; strategy here

Technical charts show that FMCG shares - ITC, HUL, Nestle India, Colgate-Palmolive and Marico were trading near key support levels; a downside breakout can trigger a fall up to 13% from here.

ITC chief calls for business models that are people, planet centric

ITC Ltd chairman and managing director Sanjiv Puri on Friday said that there is a need to create business models that put people and the planet at the centre, as enterprises have a social role to play. Speaking at an event of the Merchants' Chamber of Commerce and Industry (MCCI) here, Puri said that the "challenges are daunting because we are living in a very different world". "There is a need to reimagine how we do business in future with a focus on innovation, sustainability, resilience and skilling. And we need to create business models that put people and the planet at the centre", he said. Puri said circularity is a trend that is picking up. Regenerative business models would come in, and that is an opportunity because things will be created from scratch, he said. "Digitisation and digital transition in the services economy is a reality, and India has a big advantage. Also, resilience in the supply chain is important," Puri said. Investments in innovation and R&D are equall

GST 2.0: ITC, VST Industries shares fall as Govt eyes extra tobacco tax

Tobacco stocks like ITC, VST and Sinnar Bidi fell up to 5 per cent today after govt signaled an extra GST cess on cigarettes and bidis, raising margin risks. Analysts suggest stock strategy ahead

ITC shares drop 2% amid GST tweaks; Analysts decode impact, stock strategy

Emkay retained an 'Add' rating on ITC with a target price of ₹475, noting that the stock offers decent upside potential