Analysts believe ITC would be able to continue to grow in high single digit in cigarettes & log a double-digit growth in all the other segments going forward.
The performance of ITC in the June quarter reflected normalisation of business activity across segments
Chairman of the top two consumer goods companies, namely ITC and HUL, were blunt in their assessment of the market
ITC shares hit its one-year peak on Thursday amid talks about an organisational restructuring at the conglomerate, including demerger of hotels business and listing of its technology venture
ITC launched 110 products in FY22 to mark its capacity for innovation, he says
Diversified conglomerate ITC Limited said that the company will continue to deliver robust growth despite key concerns such as inflation
In the last fiscal, FY22, the number of such executives rose by 33 per cent, 44 per cent and 113 per cent in HUL, ITC and USL, respectively
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
Shares of Hindustan Unilever are exhibiting a major breakout, whereas Dabur India and Marico are not exhibiting much of a promise on the charts.
ITC has been gaining market share in cigarettes over the last one year through new premium products & aggrieve trade promotions
A stable tax environment for cigarettes in recent years has allowed ITC to calibrate price increases to avoid a disruption in demand.
Pharma stocks like Torrent Pharmaceuticals, Sun Pharmaceutical Industries, and Cipla can easily run up to 18 per cent
ITC, Varun Beverages, TVS Motor Company, Coromandel International and Hindustan Aeronautics can rally up to 25 per cent, technical charts suggest
According to the technical analyst from Anand Rathi, ITC can rally to Rs 285.
ITC collaborated with leading e-commerce platforms on all aspects of operations, including category development, marketing, and supply chain and customer acquisition
Company says it remains focused on completing project in expeditious manner
Motilal Oswal Financial Services (MOSL) upgraded rating on the stock to 'Buy' with a price target price of Rs 335 per share.
On this World Environment Day, ITC reaffirmed its commitment towards a 'Greener Earth' through its bold Sustainability 2.0 agenda
After India banned wheat exports on May 13, the secretary said five-six countries have requested for Indian wheat and the govt has formed a committee to clear the grain for export to such nations
Charts reveal that ITC seems poised for another 15 per cent rally; Similarly, Godfrey Phillips has seen a "Golden Cross" and looks promising while others are seen testing historic support levels.