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.
According to the technical analyst, ITC has given a confirm breakout above Rs 272, hence the stock can potentially rise to Rs 290.
Cigarette volumes, price growth in FMCG biz, and agri exports to drive revenue
Though ITC is 40 points short from its all-time high of Rs 315.25-mark, the present scenario on the daily and weekly charts point to a strong up move
"Every category has had inflationary headwinds," said Sanjay Singal, chief operating officer for ITC's diary and beverage segments
Per capita availability of milk in West Bengal is 'low', one-third of the national average of 427 grams per day, a company official said
ITC picks 10 per cent stake in company to expand its presence in the mother-and baby care segment
In November 2020, ITC had rallied 17.2 per cent in a single month, while in June 2009, it had zoomed 31 per cent during the month
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