Consumer spending on Savlon and Nimyle, the two brands acquired by diversified conglomerate ITC Ltd in the health and hygiene segment, is expected to more than double to cross Rs 2,000 crore in the medium term, driven by product innovation, portfolio expansion and deeper market penetration. Post their acquisitions, both brands have registered a multi-fold growth under ITC's ownership and together have crossed Rs 1,000 crore in consumer spends, growing at over 20 per cent annually, according to industry experts. ITC bought Savlon from Johnson & Johnson in February 2015 and has scaled up the brand nearly nine-fold over the past decade, while Nimyle, from Kolkata-based Arpita Agro Products in June 2018, has grown eight-fold in around seven to eight years since its acquisition. "We expect the runway ahead to be just as exciting as the distance we've covered," ITC Divisional Chief Executive, Personal Care Products Business, Sameer Satpathy told PTI. He said acquisitions should be ...
Stock market outlook: On the upside, 25,150 on the Nifty may act as an intermediate hurdle, followed by resistance near 25,400, says Osho Krishan of Angel One.
Cigarette-to-soap conglomerate ITC reported an 18.7 per cent year-on-year (Y-o-Y) drop in consolidated net profit.
ITC Q2 results expectations: Analysts expect ITC Ltd to deliver an overall weak performance in Q2FY27, with revenue projected to decline by around 5 per cent. PAT may fall in the range of 15-28%
Colgate Palmolive, M&M Financial Services, Mazagaon Dock, Max Financial, SBI Card, Voltas and Waaree Energies from BSE 200 index also registered 52-week lows on Wednesday.
Top buyers in ITC's block deal on Thursday: Fidelity Advisor Series VIII-Fidelity Advisor Overseas Fund, ICICI Prudential MF, SBI MF, Nippon India MF and Citigroup Global Markets Singapore Pte.
According to Bloomberg data, 366.7 million shares, representing 2.93 per cent of the company's equity, changed hands in a single large trade.
Diversified conglomerate ITC expects consumer spending on its flagship food brand Aashirvaad to double to Rs 20,000 crore over the next five years, from around Rs 10,000 crore currently, as it expands into newer food categories and adjacent segments, a senior company official said. The company is amplifying Aashirvaad's play with a two-pronged strategy for the brand -- strengthening its core atta (wheat flour) business while expanding into adjacent categories such as ready-to-cook foods and frozen snacks, said Hemant Malik, Chief Executive Officer, Foods Division, and Executive Director, ITC Ltd. Aashirvaad started its journey in May 2002 as a whole wheat atta brand and has since grown into one of the country's most trusted kitchen brands, with a portfolio of more than 200 SKUs (stock-keeping units). ITC, which aspires to become India's leading FMCG player, has expanded Aashirvaad beyond wheat flour into staples, spices and fresh foods, and even the frozen category, now has consumer
PVR Inox approved a buyback of up to 20,68,965 fully paid-up equity shares at ₹1,450 per share, for an aggregate amount of up to ₹300 crore.
Retail individual shareholders increased their holdings in ITC for the sixth straight quarter to 13.94% as of June 2026, data shows.
Over the past five sessions, Godfrey Phillips shares have surged more than 16 per cent, while VST Industries shares have gained 2 per cent. ITC, however, has remained unchanged.
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, 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 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.
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.
Analysts at Bajaj Broking said the monthly stochastic rebounded from oversold territory and generated a 'Buy' signal, suggesting a likely positive bias going ahead.
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.
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.
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.
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.