Page 4 - Fmcg Itc
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
 "ITC hits over 11-month high in muted market; stock up 10% in a week")
ITC dips 3% on profit booking as govt drafts law to raise legal smoking age
Since November, the stock has outperformed the market by surging 28 per cent, as compared to 22 per cent rally in the S&P BSE Sensex, till Tuesday
Stuck with an investment in ITC? Here's how the stock looks on the charts
On year-to-date (YTD), basis, ITC has slipped nearly 24 per cent. In comparison, the Nifty FMCG index has gained 2 per cent, while the Nifty 50 has slipped 5.3 per cent during this period
 "Stuck with an investment in ITC? Here's how the stock looks on the charts")
ITC shares fall 6% amid concerns on stake sale, possible tax hikes
Shares of Axis Bank also fell as much as 5.4 per cent, but recouped most of the losses to end just 0.2 per cent lower
HUL, Dabur: Analysts bet on rural-focused FMCG stks amid Covid-19 lockdown
In the past month, HUL shares have gained 5 per cent, while Nestle (India) has risen 1 per cent in a falling market
 "HUL, Dabur: Analysts bet on rural-focused FMCG stks amid Covid-19 lockdown")
Coronavirus: ITC repurposes Himachal perfume plant to produce sanitisers
The move follows ITC temporarily stopping manufacture of cigarettes - its main revenue earner - as well as production of non essential items
 "Coronavirus: ITC repurposes Himachal perfume plant to produce sanitisers")
ITC re-enters list of top-10 most valued firms after stock rises 6%
With market capitalization of Rs 1.95-trillion, ITC stood at number 10th position in overall rankings, BSE data shows
ITC Q3 pre-tax profit rises 4.5% to Rs 5049 cr on hotels, agro businesses
The company said that the macro-economic environment continues to be adversely impacted as reflected in GDP growth, and persistent weakness in consumption demand and investments
 "ITC Q3 pre-tax profit rises 4.5% to Rs 5049 cr on hotels, agro businesses")
ITC posts 37% rise in net profit at Rs 4,175 crore, beats street estimates
ITC pointed to some measures as having helped it get over the muted demand in the markets
 "ITC posts 37% rise in net profit at Rs 4,175 crore, beats street estimates")
ITC standing out in a cluttered FMCG market with focus on quality
ITC has made steady progress in the FMCG space with relentless focus on quality and product differentiation
 "ITC standing out in a cluttered FMCG market with focus on quality")
BSE FMCG index hits new high; Godrej Consumer, Dabur, ITC up over 3%
In past two weeks, the FMCG index has outperformed the market by surging 7% after private forecaster Skymet said monsoon in India is likely to be normal
 "BSE FMCG index hits new high; Godrej Consumer, Dabur, ITC up over 3%")
