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Gas shortage: Why Nomura sees 'negligible impact' on HUL, ITC, Dabur?

Nomura's top picks include Britannia and Titan. It also prefers Marico, Tata Consumer, Godrej Consumer, Asian Paints and United Spirits

Gas shortage: Why Nomura sees 'negligible impact' on HUL, ITC, Dabur?
Updated On : 16 Mar 2026 | 10:35 AM IST

A fireside chat with Sanjiv Puri, Chairman & Managing Director, ITC Limited | BS Manthan

Being consumer-centric and continuously evolving with contemporary trends is paramount for fast-moving consumer goods (FMCG) companies

Icon YoutubeA fireside chat with Sanjiv Puri, Chairman & Managing Director, ITC Limited | BS Manthan
Updated On : 26 Feb 2026 | 5:29 PM IST

Investments in rural India aiding FMCG growth: ITC CMD Sanjiv Puri

ITC CMD Sanjiv Puri says government tax cuts and GST reductions are aiding consumption, as digitisation, rural demand and evolving GenZ and millennial preferences reshape FMCG growth

Investments in rural India aiding FMCG growth: ITC CMD Sanjiv Puri
Updated On : 24 Feb 2026 | 11:36 PM IST

Being consumer-centric key for FMCG brands: ITC's Sanjiv Puri at BS Manthan

At Business Standard's Manthan summit, ITC Chairman Sanjiv Puri said that consumer-centric growth, stronger R&D investment and deeper AI adoption are essentials for FMCG sector

Being consumer-centric key for FMCG brands: ITC's Sanjiv Puri at BS Manthan
Updated On : 24 Feb 2026 | 1:52 PM IST

ITC's cigarette price hikes may cushion volumes, but hurt margins: Nomura

In the case of ITC, Nomura noted that the company has started increasing prices for its premium brands, including Gold Flake and Classic, across most subsegments

ITC's cigarette price hikes may cushion volumes, but hurt margins: Nomura
Updated On : 10 Feb 2026 | 3:21 PM IST

ITC, Godfrey Phillips, VST Ind slip up to 6% in 2 days on new cigarette tax

In two sessions, ITC shares declined over 5 per cent, Godfrey Phillips over 6 per cent and VST Industries over 3 per cent

ITC, Godfrey Phillips, VST Ind slip up to 6% in 2 days on new cigarette tax
Updated On : 02 Feb 2026 | 12:34 PM IST

ITC to roll out freshness-led packaged foods via e-commerce platform

The FMCG major is piloting freshness-led packaged foods through its food-tech cloud kitchens, leveraging e-commerce platforms as it sharpens its premiumisation strategy

ITC to roll out freshness-led packaged foods via e-commerce platform
Updated On : 30 Jan 2026 | 7:49 PM IST

ITC's Q3FY26 results: Net profit flat at ₹4,931.19 cr on labour Code impact

Firm says GST rate rejig, duty changes have led to an unprecedented increase in tax incidence on cigarettes

ITC's Q3FY26 results: Net profit flat at ₹4,931.19 cr on labour Code impact
Updated On : 29 Jan 2026 | 11:03 PM IST

ITC Q3FY26 results: Profit flat at ₹4,931 crore, dividend declared

The conglomerate warned that a new excise duty on cigarettes will lead to a rise in illicit trade, causing hardship and loss to millions of farmers, MSMEs, retailers, and local value chains

ITC Q3FY26 results: Profit flat at ₹4,931 crore, dividend declared
Updated On : 29 Jan 2026 | 8:26 PM IST

Q3 results today: ITC, Vedanta, Adani Power among 184 firms on Jan 29

Q3FY26 company results: Firms including Dabur India, Tata Motors, Paytm, Swiggy, and Canara Bank are also to release their October-December earnings today

Q3 results today: ITC, Vedanta, Adani Power among 184 firms on Jan 29
Updated On : 29 Jan 2026 | 9:05 AM IST

ITC Q3 preview: Profit may rise 2% YoY; FMCG biz to post healthy growth

ITC Q3 results preview: Brokerages tracked by Business Standard estimate ITC's net profit to average ₹5,175.85 crore, compared to ₹4,893.4 crore a year ago, up 1.6 per cent Y-o-Y

ITC Q3 preview: Profit may rise 2% YoY; FMCG biz to post healthy growth
Updated On : 27 Jan 2026 | 12:56 PM IST

We will not buy at any price, says ITC's Hemant Malik on acquisitions

ITC will pursue selective, value-accretive acquisitions while banking on premiumisation and a gradual recovery in consumption to outpace FMCG industry growth

We will not buy at any price, says ITC's Hemant Malik on acquisitions
Updated On : 19 Jan 2026 | 9:35 PM IST

Nomura downgrades ITC as excise hike to weigh on volumes, margins

The brokerage expects the price hike will have a significant impact on volumes, pressure margins, increase illicit trade, stifle growth and the company's ability to recruit consumers.

Nomura downgrades ITC as excise hike to weigh on volumes, margins
Updated On : 05 Jan 2026 | 9:47 AM IST

ITC stock downgraded as excise duty hike raises margin, volume growth risks

ITC earnings estimates for FY27-28 have been cut after a sharp excise duty hike on cigarettes. Brokerages have downgrade the stock, citing margin and volume risks

ITC stock downgraded as excise duty hike raises margin, volume growth risks
Updated On : 02 Jan 2026 | 10:12 PM IST

In good company: Sensex names that stayed on, dropped out, returned

Only continuous relevance and reinvention can secure a place in the ­­30-stock index

In good company: Sensex names that stayed on, dropped out, returned
Updated On : 02 Jan 2026 | 6:20 AM IST

Indices end first trading session of 2026 on muted note amid ITC selloff

Indian equity benchmarks closed largely flat in the first trading session of 2026, as gains in Larsen & Toubro and M&M offset sharp losses in ITC after a new tobacco tax announcement

Indices end first trading session of 2026 on muted note amid ITC selloff
Updated On : 01 Jan 2026 | 11:12 PM IST

Tobacco stocks tank as new taxes to come into effect from February 1

Shares of cigarette makers fell sharply after the Centre announced higher GST and excise duties on tobacco products from February, raising concerns over price hikes, volumes and margins

Tobacco stocks tank as new taxes to come into effect from February 1
Updated On : 01 Jan 2026 | 7:53 PM IST

New tobacco excise duty rules: What changes, what stays, price impact

Before the latest notification, cigarettes and other tobacco products were taxed under a layered structure combining GST with multiple cesses, including a compensation levy

New tobacco excise duty rules: What changes, what stays, price impact
Updated On : 01 Jan 2026 | 4:50 PM IST

ITC down 10%, Godfrey Phillips 19% as addl excise duty effective from Feb 1

ITC, Godfrey Phillips and VST Industries fell up to 10 per cent, after Centre notified February 1 as the date from which additional excise duty will be levied on tobacco

ITC down 10%, Godfrey Phillips 19% as addl excise duty effective from Feb 1
Updated On : 01 Jan 2026 | 12:28 PM IST

Aditya Birla Real Estate up 3% as CCI clears paper & pulp biz sale to ITC

e buying on the counter came after the CCI approved ITC's acquisition of Aditya Birla Real Estate's pulp and paper business

Aditya Birla Real Estate up 3% as CCI clears paper & pulp biz sale to ITC
Updated On : 17 Dec 2025 | 11:04 AM IST