Page 16 - Itc

In struggle to get employees back to office; companies tread cautiously

In some small companies and mid-cap IT services, 20-30 per cent of people are already back in office, especially in areas where heavy engineering and design concepts are required

ITC outperforms benchmark on strong earnings hope; stock up 2%

ITC will announce its Q4 results and declare final dividend on May 18, 2022.

From HDFC Life to ITC, here're 10 stocks that FPIs bought and sold the most

There has been a brisk rally in these stocks, despite a weakness in the broader market

Adani Group, ITC and Microsoft among companies to invest in Bengal

Addressing the valedictory session of the Bengal Global Business Summit, Banerjee said 137 Memoranda of Understanding (MoUs) and letters of intent (LoI) were signed for the investments

ITC to acquire 10% stake in Blupin Technologies for up to Rs 39.34 crore

Diversified entity ITC on Thursday said it will acquire 10.07 per cent stake in Blupin Technologies Pvt Ltd, the company behind direct-to-consumer(D2C) brand, Mylo for up to Rs 39.34 crore.

ITC Ltd resorts to partial price hikes on its dairy products

"Every category has had inflationary headwinds," said Sanjay Singal, chief operating officer for ITC's diary and beverage segments

ITC hits over 2-year high on strong earnings hope; up 25% thus far in 2022

Analysts expect ITC to report a relatively stronger quarter, with the improvement in cigarettes and other divisions and lesser margin pressure compared to FMCG peers.

ITC gains 4% to hit 52-week high; stocks surges 24% in 6 weeks

For Q4FY22, Motilal Oswal Financial Services expects ITC to post a 4 per cent growth in Cigarette business volumes with a 4.1 per cent/12.4 per cent YoY increase in sales/EBITDA

ITC moves beyond plastic neutrality; managed over 54,000 tonnes in FY22

Diversified entity, ITC Ltd on Wednesday said it is accelerating its move to go beyond plastic neutrality, having sustainably managed more than 54,000 tonnes of plastic waste across India in 2021-22. The company said its flagship solid waste management programme Well-Being Out of Waste' (WOW) has so far covered 1.8 crore citizens across 46.7 lakh households in India's large cities and small towns. "Through a large-scale and integrated solid waste management programme, ITC moved beyond plastic neutrality this year. In addition, the company is also using cutting-edge innovations to develop sustainable alternatives to plastic packaging for the industry," Sanjiv Rangrass group head, ITC Life Sciences & Technology, Central Projects, EHS & Quality Assurance, ITC Ltd said in a statement. He further said, "The efforts to move beyond plastic neutrality and sustainable management of waste will continue apace in the years ahead as part of our Sustainability 2.0 agenda." Under its ...

ITC stock shines on improving growth outlook: Here are the key triggers

Steady cigarettes demand, rising agri exports, better prospects of hotels and paper businesses, low valuation and reasonable dividend yield key triggers

Analysts see more pain ahead for FMCG stocks amid rising input costs

Instead of a recovery in gross margins in fiscal 2022-23 (FY23), Jefferies now builds-in 50-200 basis point (bps) YoY decline, assuming crude stays closer to $100 a barrel and palm oil at $1,500/MT

ITC rallies 12 per cent in two weeks; stock hits over 3-month high

The stock was up 2% at Rs 242 on the BSE in intra-day deal, its highest level since November 18, 2021

ITC outperforms in weak market; stock gains 7% in last five days

In the past six months, the market price of ITC has gained 5.5 per cent, as compared to a 7 per cent decline in the Sensex.

ITC to hike milk price in order to pass on procurement cost to consumer

Firm silent on extent of hike, says farmers faced cost push in the past nine months, which in turn led to an increase in procurement prices by Rs 3-4 a litre for the company

JM Financial gives 'buy' call for ITC, GAIL, M&M Financial, 6 others

The brokerage and investment firm JM Financial has given a 'buy' call for shares such as ITC, GAIL, Mahindra & Mahindra Financial, Welspun India, Apollo Tyres, Blue Star, V Guard Industries, JK Lakshmi Cement and Somany Ceramics.

Sustained growth in these three segments will drive ITC stock's re-rating

Good print across segments and consistency in execution can drive re-rating of ITC from current levels, highlighted Kotak Institutional Equities

Sensex slips 143 pts; Nifty holds 17,500; Realty, PSBs dip, metals shine

Among the Sensex pack, SBI was the biggest loser as it dropped over 2 per cent. M&M, NTPC, Kotak Bank, Bajaj Finserv, HDFC, Power Grid, and RIL were the other losers, all down between 1-1.8 per cent

ITC gains 2% on better than expected December quarter results

ICICI Securities believes stable taxation on cigarettes would result in high growth in cigarette volumes in the medium term.

Stocks to Watch: RIL, ITC, TCS, Titan, Cadila, Emami, Lupin, EIH, Tyre

BoI, Devyani Intl, Eveready, FSL, Mahindra Life, Paytm, REC, Siemens, Sintex, SPARC, Tata Steel, Thermax and Vijaya Diagnostics are some of the prominent companies to announce results today.

ITC Q3 results: Net profit rises 14.8% to Rs 4,118.80 cr, revenue jumps 30%

Pre-tax profits from the non-cigarettes FMCG segment was at Rs 246 crore, compared with Rs 243 crore in the same period last year