Page 3 - Fmcg Itc

ITC surpasses HDFC's m-cap to become 7th most valued listed company

Thus far in calendar year 2023 (CY23), ITC has surged 22%, as compared to 3% decline in the S&P BSE Sensex, and 2.4% rise in HDFC Ltd

ITC m-cap hits Rs 5-trn for the first time; stock surges 21% so far in CY23

ITC is expected to maintain its volume growth momentum in the cigarette business, given no price hikes in the near term and government curbing illicit cigarette sales

ITC hits new high, tops Rs 400-mark; stock doubles in less than two years

FPIs have increased their stake in ITC for the third straight quarter to 12.87 per cent at the end of March 2023 quarter.

ITC hits new high in a subdued market; zooms 63% thus far in 2022

Post Q2 results, most brokerages have either recommended a 'buy' and an 'accumulate' rating on ITC with target prices in the range of Rs 365 to Rs 405

ITC surges 6% in four days ahead of Q2 results; analysts expect a good show

In Q2FY23, ITC is expected to witness strong growth across segments considering lower sales in the base quarter of cigarettes, hotels & agri business.

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

Adani Enterprises hits new high, surpasses LIC, ITC in market cap ranking

At 09:30 am, with a market cap of Rs 4.31 trillion, Adani Enterprises stood at 12th position in overall market cap ranking on the BSE.

FMCG companies ramp up supply chains, marketing ahead of festive season

FMCG sales in August grew by 6.3 per cent sequentially, according to the latest data from Bizom. Sales had been declining for the previous three months

FMCG exports to make substantial contribution to ITC's growth: Sanjiv Puri

ITC launched 110 products in FY22 to mark its capacity for innovation, he says

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

ITC Q4 consolidated PAT up 12% at Rs 4,196 cr, declares dividend of Rs 6.5

Consolidated revenue from operations rose 14% to Rs 17,554 crore as against Rs 15,404 crore in Q4FY21

ITC stock outperforms peers in March

ITC stock has finally started to move. If analysts are to be believed, there is more headroom in this counter. Here's a quick check on how fundamental analysts see ITC do over the next few months

ITC inches towards 52-week high; stock surges 17% in one month

In comparison, the S&P BSE Sensex and the S&P BSE FMCG index were up 1.6 per cent and 0.6 per cent, respectively, in the past one month

Post Budget cheer: ITC jumps to 7-week high, gains 3.5% on heavy volumes

The stock had corrected 20 per cent from its 52-week high of Rs 265.30 touched on October 10, 2021, amid fears of higher taxes.

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

ITC to acquire 16% stake in D2C natural personal care brand Mother Sparsh

Mother Sparsh said that it is raising Rs 20 crore in Series A funding from ITC. Company plans to deploy the funds towards enhancement of its R&D capabilities, digital capabilities

ITC records sharpest intra-day gain in two months ahead of Q1 results

According to analysts, ITC is likely to post a strong show in Q1FY22, helped by a low base and recovery in cigarettes sales.

ITC records sharpest intra-day gain in over three months; stock up over 4%

Earlier, on February 4, 2021, the stock had seen intra-day rally of 6.8 per cent, while it touched a 52-week high of Rs 239.15 on February 9, 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 new 52-week high, up 18% in 5 days; board to mull interim dividend

The stock jumped 4 per cent in Friday's intra-day trade to hit 52-week high of Rs 239 on the BSE