Page 28 - Itc

ITC investors fume over slower growth in Oct-Dec quarter, higher taxes

Investor concerns are not without reason, considering the cigarette business accounted for 84.7% of ITC's consolidated earnings before interest and tax in 2018-19

Market Wrap, Feb 3: Sensex gains 137 pts, Nifty ends above 11,700

Market breadth remained in favour of declines as out of 2,645 companies traded on the BSE, 966 advanced and 1,495 declined while 184 remained unchanged

ITC Q3 pre-tax profit rises 4.5% to Rs 5049 cr on hotels, agro businesses

The company said that the macro-economic environment continues to be adversely impacted as reflected in GDP growth, and persistent weakness in consumption demand and investments

ITC Q3 net profit rises 29% to Rs 4,047.87 cr; net sales up 5.71%

The company had posted a net profit of Rs 3,136.95 crore in the October-December quarter of the previous fiscal

FMCGs scale-up rural distribution networks to combat economic slowdown

In view of the ongoing slowdown, which has impacted demand in rural India, ITC doubled its rural stockist network in the current fiscal year

ITC hits 52-wk low ahead of Q3 nos this week; here's what brokerages expect

Analysts at KRChoksey expect the company's top line (sales/revenue) to grow 5.7 per cent YoY and 1.8 per cent QoQ to Rs 12,080 crore.

Why CMD role separation remains a work in progress despite deadline nearing

Sebi, in its October 2017 report on corporate governance, said listed firms should have a different person heading the management and another in place as chairman of the board

Today's picks: From India Oil Corp to ITC, hot stock to watch on Tuesday

ITC, Nifty, Indian Oil, Tech Mahindra

Attractive ITC stocks fail to cheer investors due to GST concerns

Expectations of additional tax burden in GST Council meet, competitive intensity may impact volume growth and margin of its mainstay cigarette biz

Today's picks: GAIL to Tata Steel, hot stocks to watch on Wednesday

Tata Steel , GAIL, ITC, NIFTY

ITC, Mahindra & Mahindra trade close to their 52-week lows

Allahabad Bank, Gail (India), Reliance Capital, PC Jeweller, Ashoka Buildcon and Indostar Capital were among 11 stocks from the S&P BSE 500 index hitting their respective 52-week lows on the BSE.

Sidestepping growth slowdown: Upscale business hotels see surge in bookings

However, according to industry estimates, there is a shortage of close to 100,000 rooms across different categories

Derivatives strategy on ITC by Nandish Shah of HDFC Securities

Short covering is seen in the ITC Futures' during the November series till now, where we have seen fall in Open Interest with price rising by 3%.

Tea Board open to holding talks with ITC to sort out trademark issue

After losing a case in the Calcutta HC against ITC over a trademark issue, the board has appealed to the Division Bench of the same court and it is hopeful that the issue can be sorted out amicably

ITC posts 37% rise in net profit at Rs 4,175 crore, beats street estimates

ITC pointed to some measures as having helped it get over the muted demand in the markets

ITC eyes over 10% growth from chocolates after launch at grocery stores

ITC is also strengthening its assorted chocolates which are typically meant for gifting

HUL declares war on plastic with cardboard deodorant and bamboo toothbrush

Unilever is tying up with plastic collectors and recyclers in all developed countries and in large developing markets like India

ITC may not hike cigarette prices after tax rate cut, ban on vaping

A Morgan Stanley report says it doesn't expect ITC to hike cigarette prices as the firm is likely to be one of the biggest beneficiaries of the tax cut

ITC may not need to hike cigarette prices after tax rate cut, vaping ban

The firm is likely to be a major beneficiary of the tax rate cut, and is likely to post a 19% earnings growth during FY20

Tech view: Time to be bullish on consumption stks ahead of festive season?

With festival season round-the-corner, companies are hoping for a pick-up in the overall consumption, which along with the cut in corporation tax, would aid earnings growth over the next few quarters