ITC and Tata Motors have zoomed 33 per cent each since December 1, and have led the rally in the 30-pack index
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ITC outperformed the market for the eight straight months, has rallied 37% thus far in the calendar year 2023, as compared to 3.8 per cent rise in the S&P BSE Sensex.
ITC's revenue growth is impressive as compared to 9 per cent in FY22 and 11 per cent in FY21
As AI assumes greater significance in our lives, its deployment in offline retail will only become bigger
Leading consumer goods companies -- including ITC, Dabur, Coca-Cola, and DS Group -- on Monday announced new sustainable milestones and targets on World Environment Day. The companies are setting targets like being carbon neutral, scaling up investments in sustainable packaging, reducing the usage of plastic in packaging and harnessing green energy. Homegrown FMCG and ayurvedic products maker Dabur India announced to be a plastic waste positive by collecting, processing and recycling more plastic waste than it sold in its product packaging in FY23. ITC scaled up its sustainable packaging offerings for plastic substitution and announced several measures to reduce the utilisation of plastic across products and businesses -- ranging from its packaging and food to the hotel business. Beverage major Coca-Cola India on Monday announced to launch of new bottles made from completely recycled PET plastic material (rPET) in Andhra Pradesh. "This is the first time in India that any bottle ma
The largest chunk of the tobacco major's non-cigarettes FMCG portfolio is growing rapidly on the back of hectic brand building, acquisitions, and new ventures
Thus far in the calendar year 2023, ITC has outperformed the market by surging 35 per cent, as compared to 2.8 per cent rise in the S&P BSE Sensex
'The testing requirement will apply for exports to all countries, without exception'
Thus far in the calendar year 2023, ITC has surpassed market value (mcap) of Infosys, SBI, HDFC, Bharti Airtel, Adani Enterprises and LIC
Odisha Chief Minister Naveen Patnaik on Monday inaugurated ITC's integrated consumer goods manufacturing and logistics facility at Khurda. Congratulating ITC CMD Sanjeev Puri, Patnaik urged him to expand the company's footprint in the state. He reiterated the state government's commitment to making Odisha the next industrial hub in the country. The Industrial Policy Resolution (IPR) 2022 aims to transform Odisha into a modern and advanced industrial state by offering the investors outstanding opportunities for sustainable business growth and fostering holistic socio-economic development of the people, he said. The food processing sector is one of the priority sectors in IPR 2022 and this facility by ITC marks a significant milestone for Odisha, he said. The facility is built on an area of 35 acre. It is dedicated to seven production lines, including Aashirvaad atta, Yippee! noodles, Sunfeast biscuits and Bingo! chips. The inauguration ceremony was attended by Jatni MLA Suresh Kum
Continuing high raw material inflation is a key concern and rupee depreciation continues to be a pain point
Stocks to Watch on Friday: ITC Limited reported a 21.4 per cent YoY growth in standalone net profit at Rs 5,086.9 crore for the March quarter
CLOSING BELL ON MAY 18: The NSE Nifty 50 slipped 52 points to 18,130 as weekly expiry also weighed on the sentiment.
ITC Q4 results: The revenue from operations rose 6.5 per cent to Rs 17,506.8 crore during the quarter
Q4 results today: The list of companies that will declare their financial results has names like IndiGo, Jet Airways, Tata Elxsi, and GAIL
ITC Q4FY23 result preview: The core Cigarette business volumes are expected to grow 13 per cent YoY, as per three brokerages. This pace of increase was 15 per cent in Q3FY23
"The move would likely help in curbing tax evasion," said Saurabh Agarwal, Tax Partner, EY
Earlier in January this year, ITC had said that it would acquire 100% of Sproutlife Foods Private Limited, makers of Yoga Bar healthy foods