Page 20 - Itc
Margin pressure may hit paper cos in near-term despite price hike: Analysts
The rally in paper stocks began early September when states eased Covid-19 related restrictions and announced re-opening of schools and offices
 "Margin pressure may hit paper cos in near-term despite price hike: Analysts")
India's agri exports can be doubled in 'medium term', says ITC Chairman
India accounts for only 2.5 per cent of the global agriculture exports, and there is an opportunity to double it in the medium term and improve the economics of the sector, ITC Chairman Sanjiv Puri
 "India's agri exports can be doubled in 'medium term', says ITC Chairman")
Top headlines: Vi will survive, says CEO; Zee shares surge after Sony deal
Business Standard brings you the top stories from today
 "Top headlines: Vi will survive, says CEO; Zee shares surge after Sony deal")
HUL to Relaxo Footwears: Analysts upbeat on consumption-related stocks
Changes in the income-tax, likely good monsoon and the on-going above normal Rabi acreage along with higher MSPs are the key triggers analysts are betting on for the consumption revival
 "HUL to Relaxo Footwears: Analysts upbeat on consumption-related stocks")
Consumer goods companies continue to lose out to other sectors on bourses
Their weighting on the benchmark Nifty50 has fallen to 15%, an 11-year low
 "Consumer goods companies continue to lose out to other sectors on bourses")
Here's why CLSA is bullish on ITC; sees the stock Rs 265 levels in a year
Given the road ahead for the next few years, CLSA finds the stock valuations attractive at the current levels with a record-high PE discount to the FMCG average (57 per cent) and a 6 per cent dividend
 "Here's why CLSA is bullish on ITC; sees the stock Rs 265 levels in a year")
Puri's 'Next' strategy drives ITC into smart FMCG, hotels, agri innovation
ITC appears to be closing in on turning its FMCG, agriculture and hotel segments as main growth drivers, with chairman Sanjiv Puri shepherding the 'Next' strategy
 "Puri's 'Next' strategy drives ITC into smart FMCG, hotels, agri innovation")
ITC to invest $2 billion across segments in medium-term, says MD
Super app 'ITC-MAARS' among new growth areas; investment figure does not take into account inorganic opportunities
 "ITC to invest $2 billion across segments in medium-term, says MD")
ITC to launch super app this year to tap small farmers' potential: Chairman
The product will offer a wide range of agricultural solutions while its micro-services structure will enable plug-in by a range of agtech solutions
 "ITC to launch super app this year to tap small farmers' potential: Chairman")
Back to old normal: FMCG leaders beat FY21 blues, exceed pre-Covid levels
In the second instalment of a four-part series on how some of the defining numbers in key sectors are springing back to the pre-pandemic level, Arnab Dutta looks at India's top FMCG players
 "Back to old normal: FMCG leaders beat FY21 blues, exceed pre-Covid levels")
2 FMCG stocks Osho Krishan of Anand Rathi is bullish on: Buy ITC, Britannia
ITC has certainly provided a trend line breakout on all time frames and is anticipated to surge higher
 "2 FMCG stocks Osho Krishan of Anand Rathi is bullish on: Buy ITC, Britannia")
ITC Q1FY22 results: Expert take
The cigarettes-to-hotels conglomerate, ITC, reported a 30.24% YoY increase in consolidated profit in the June quarter. Business Standard spoke to a D-Street expert to understand how ITC fared in Q1 and how government divestment of its 7.93% stake in ITC is likely to impact the stock in the quarters ahead.
 "ITC Q1FY22 results: Expert take")
Sensex falls 123 pts as investors book profit in RIL, banks, auto stocks
The broader markets, however, outperformed the frontline indices with the BSE MidCap and SmallCap indices adding 0.06 per cent and 0.34 per cent, respectively.
 "Sensex falls 123 pts as investors book profit in RIL, banks, auto stocks")
ITC reports 30% rise in Q1 net profit at Rs 3,343 crore
Its revenue from operations rose 36 per cent per cent to Rs 14,240 crore
Sensex adds 138 pts; Zomato ends 65% up over issue price at Rs 126 on BSE
The BSE MidCap and SmallCap indices, however, underperformed the benchmarks
 "Sensex adds 138 pts; Zomato ends 65% up over issue price at Rs 126 on BSE")
ITC records sharpest intra-day gain in two months ahead of Q1 results
According to analysts, ITC is likely to post a strong show in Q1FY22, helped by a low base and recovery in cigarettes sales.
ITC Q1 preview: Low base, cigarette business to spur revenue, profit growth
ITC Q1 PREVIEW: During the quarter ended June, shareholders lost over 7 per cent of their wealth parked in ITC
 "ITC Q1 preview: Low base, cigarette business to spur revenue, profit growth")
Mega ITC share sale will be challenging for govt, say market experts
Market experts said offloading the entire stake at one go would be challenging and the centre should look at selling the stake in tranches.
BAT's 2020 dividend from ITC increases 67% as Indian firm revises policy
In 2018, the British company turned down ITC's proposal to continue with an equity-based employee stock option.
ITC Group's earning from foreign exchange in FY21 up 29% at Rs 5,934 cr
Total foreign exchange earning of the ITC Group from exports in FY21 rose 29.08 per cent to Rs 5,934 crore, the company's latest annual report said