BSE FMCG index has gained just 2.4% since the Union Budget, compared to the 11.4% rally in the benchmark during the period
The stock had run up as much as 40% since November
With today's decline, the stock of ITC has slipped 8 per cent from its 52-week high level of Rs 239
Markets regulator Sebi on Thursday allowed Thomas Cook (India) to withdraw its buyback offer because of substantial deterioration in the company's financial position
Consolidated revenue from operations rose to Rs 14,124 crore during the quarter from Rs 13,307 crore in the year-ago period
Revenues from operations was up by 6 per cent to Rs 14,124.48 crore from Rs 13,307.54 crore in the year ago period
On the sectoral front, Nifty PSU Bank index declined over 1 per cent on the NSE, followed by losses in the Nifty Auto index (down 0.4 per cent), and the Nifty Realty index (down 0.24 per cent)
The government will sell 20 per cent of its stake in National Fertilizers through an offer for sale
We have witnessed a good base building in the ITC stock and finally, it has managed to come out of its slumber
The core council, called DigiNext, will be led by chairman Sanjiv Puri to ideate and sponsor high impact digital interventions and harness synergies
The stock jumped 4 per cent in Friday's intra-day trade to hit 52-week high of Rs 239 on the BSE
Shares of the cigarette maker hit 52-week high after the Budget left taxes unchanged
SBI, the top gainer among the Sensex stocks, was up 8 per cent to Rs 337 at 02:25 pm, surpassing its previous high of Rs 332 touched on February 2, 2020
ITC's FMCG business is expected to continue its growth momentum with higher growth in packaged foods categories, brokerages believe
An ITC spokesperson says EIH issue was attractively priced, and that ITC holding in EIH was part of its treasury investment portfolio
Many are testing hybrid models to ensure safety and hygiene; seat-booking module introduced in some companies
Firm has been expanding its renewable footprint over past two decades, meets 40% of its electricity needs from wind, solar and biomass; Its investment in renewable assets is about Rs 1,000 cr
Since November, the stock has outperformed the market by surging 28 per cent, as compared to 22 per cent rally in the S&P BSE Sensex, till Tuesday
ITC has set itself the target to meet 100 per cent of purchased grid electricity requirements from renewable sources by 2030
Healthy growth and sound fundamentals offer comfort