Page 24 - Itc

Packaged food firms may witness growth rebound soon, say analysts

While reports of slower sales growth in August pulled down share prices on Monday, analysts say medium term outlook remains healthy

ITC continues to underperform but analysts say the stock is attractive

A tax overhang and ESG concerns over cigarettes have been among key factors hurting investor sentiment

At current valuation, very limited downside risk for ITC stock investors

Higher dividend yield and scaling up of FMCG business offer comfort

ITC's appetite for staples grows as it moves away from tobacco

The company is betting on its non-cigarette FMCG portfolio to deliver growth and convince the markets that it is moving away from its tobacco dependence

MARKET: Sensex erases day's gains, ends 52 pts lower; Bharti Airtel dips 3%

All that happened in the markets today

ITC weighs 'alternate structure' for hotels business for value creation

Puri also said that there were many smaller pieces in the portfolio that required support from institutional strengths, and that's why they structured the way they were

ITC clocks growth in e-sales, expects festive season to push overall demand

The company has also witnessed fast growth in its online business in the wake of the pandemic and expect to continue the momentum

ITC gets a new CFO in Supratim Dutta as part of organisational revamp

Appointment with effect from September 5 as new man in replaces Rajiv Tandon, who continues on board, with Dutta reporting to him

8 of top-10 valued firms lose Rs 1.11 trn in m-cap; ICICI, RIL worst hit

Tata Consultancy Services and HDFC Bank were the only gainers among the 10 most valued listed firms

Localised lockdown impacting ITC's recovery pace, outlook uncertain: Puri

ITC would respond with agility to strengthen its market standing while sharply focusing on cost reduction measures, Puri reassured shareholders

ITC accelerates digitisation to enhance operational effectiveness: Puri

Diversified business entity ITC has accelerated digital transformation under the company's future-ready strategy to enhance competitive advantage and operational effectiveness, Sanjiv Puri said

Future Enterprises board meet on September 7, to take up RIL deal today

Company's board to meet today on sale of retail arms to RIL

Small firms losing market to big FMCG brands as buyers go for trusted names

Normalcy in operations, push into rural areas aid growth

ITC's 60 non-tobacco FMCG product launches in FY20 top previous high

New record set in a year marked by slowdown; the firm had launched 50 products last year

ITC's annual consumer spend across 25 brands crosses Rs 19,700 crore

The firm's annual report mentioned that Aashirvaad had an annual consumer spend of more than Rs 6,000 crore, Sunfeast was at Rs 4,000 crore, Bingo! Rs 2,700 crore, and Yippee Rs 1,300 crore

Mondelez India expands portfolio, gears up to revamp operations

The firm now plans to expand its value-added bakery portfolio that it ventured into recently

ITC's Bhadrachalam facility gets 'GreenCo Platinum+' rating by CII

ITC said its paperboards and specialty papers business integrated facility at Bhadrachalam, Telangana, has been conferred the 'GreenCo Platinum+' rating by CII Green Business Centre

Market Ahead, July 29: Top factors that could guide markets today

The expiry of derivative contracts of the July series tomorrow may keep today's session volatile

ITC acquires spice-maker Sunrise in all-cash deal for Rs 2,150 crore

With the transaction, the company has added a 70-year-old brand and a market leader in eastern India to its portfolio

Indices end near day's high, Sensex up 558 pts; UltraTech Cement jumps 7%

All that happened in the markets today