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ITC Ltd - Company News

BSE   16 Apr 14 | 01:05 PM

345.30 4.3 (1.26%)
Mkt Price (Rs)   Chg Rs (Chg %)
Code: 500875
Face Value: 1

NSE   16 Apr 14 | 12:55 PM

345.00 4.05 (1.19%)
Mkt Price (Rs)   Chg Rs (Chg %)
Code: ITC
1 Week : Rs 347.50 (-0.63%)
1 Month : Rs 347.00 (-0.49%)
1 Year : Rs 308.25 (12.02%)
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  • 07 Apr 14
    12:22 AM
    After a decade in notebooks and stationeries, ITC is entering the hinterlands such as Tier-II cities with a new mass brand Saathi. It is testing it in eight states and plans to expand to the rest of the country in 12-18 months.
  • 03 Apr 14
    04:38 PM
    Fast moving consumer goods companies are faced with rising input costs yet again. The month of February has seen prices of coffee, copra and palm oil rise compared to January.
  • 26 Mar 14
    11:30 AM
    ITC has dipped 2% to Rs 355 on the BSE, with the stock falling on profit booking after recent upmove. The stock opened at Rs 362 and hit a low of Rs 354 so far. A combined 4.1 million shares changed hands on the counter till 1125 hours on the BSE and NSE.
    08:26 AM
    Despite the churn away from the consumer goods stocks, ITC has appreciated by close to 17% in the past five weeks and vindicated our strong preference for the stock over the other FMCG stocks.
  • 13 Mar 14
    01:36 AM
    The hope rally seems to have given the consumer sector a complete miss. In the past month, the BSE FMCG Index has risen 1.14 per cent, while the Sensex is up 8.18 per cent.
  • 24 Feb 14
    05:08 PM
    Investors have usually sought refuge in defensive stocks – FMCG (fast moving consumer goods), pharmaceuticals and information technology (IT) – in a challenging economic and market scenario.
  • 18 Jan 14
    12:31 AM
    Diversified conglomerate ITC has reported a 16.3 per cent jump in net profit at Rs 2,385.34 crore for the quarter ended December 2013, against Rs 2,051.85 crore in the year-ago period. Net sales rose 13.1 per cent to Rs 8,623.11 crore.
  • 17 Jan 14
    04:13 PM
    ITC Ltd posted a year-on-year rise of 16% in its net profit for the quarter ended December 2013 at Rs 2,385 crore, while net sales came in 13.1% higher on year-on-year (y-o-y) basis at Rs 8,623 crore.
  • 15 Jan 14
    12:43 AM
    London-headquartered British American Tobacco (BAT), which holds about 30 per cent stake in ITC, might not increase its equity holding when the Indian government sells its 11.3 per cent stake in the Kolkata-based cigarettes-to-hotels group, currently held
  • 21 Dec 13
    12:42 AM
    ITC is likely to increase the prices of some of its cigarette brands by up to 15 per cent. While the company is yet to raise the prices officially, it appears dealers and retailers have already been informed of the move.
  • 10 Dec 13
    10:48 PM
    The ITC stock has underperformed both the S&P BSE Sensex and the S&P BSE FMCG (fast-moving consumer goods) index through the past month, as well as the past three months.
  • 27 Nov 13
    09:17 AM
    In the past two months ITC's stock price has corrected by close to 10% and the stock has underperformed the broader market (the Sensex has risen by 6% and the BSE FMCG Index has marginally dropped by 4% in the same period).
  • 22 Nov 13
    02:13 AM
    Analysts are finding it tough to justify sky-high valuations of consumer stocks after the second quarter earnings, as revenues, profit and volume growth continues to decline.
  • 28 Oct 13
    09:31 AM
    ITC reported Adj PAT of Rs21bn on the back of 15.9% EBIT growth in Cigarettes even as Hotels and Paperboard businesses disappointed, resulting in Non‐cigarette business EBIT decline of 5% YoY, mainly led by 58% decline in losses in the FMCG


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