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ITC Ltd - Company News

BSE   27 Aug 14 | 02:18 PM

353.30 1.4 (0.4%)
Mkt Price (Rs)   Chg Rs (Chg %)
Code: 500875
Face Value: 1

NSE   27 Aug 14 | 02:05 PM

354.35 1.9 (0.54%)
Mkt Price (Rs)   Chg Rs (Chg %)
Code: ITC
Performance
1 Week : Rs 345.00 (2.41%)
1 Month : Rs 357.10 (-1.06%)
1 Year : Rs 297.35 (18.82%)
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  • 24 Aug 14
    12:55 PM
    Tobacco-to-FMCG conglomerate ITC has replaced Tata group's IT giant TCS as the country's most admired company on a Fortune magazine list, which has got as many as 19 new entrants including Cognizant, Birla group firm Idea Cellular and discom BSES Rajdhani
  • 11 Aug 14
    09:38 AM
    With two key events - the general elections and the Union Budget behind them, the focus seems to have shifted to the defensive or safe haven stocks from the fast moving consumer goods (FMCG), information technology (IT) and pharmaceutical sectors.
  • 04 Aug 14
    07:26 PM
    ITC has increased the prices of some of its cigarette brands by up to 23%. While the new stocks with revised prices are yet to hit the market, smokers are already being asked to pay more than the maximum retail price printed on cigarette packs.
  • 30 Jun 14
    05:42 PM
    Fearing a disruptive tax regime for cigarettes, the market has re-rated shares of ITC, expecting a decline in cigarette volumes and earnings. While the stock has fallen 12% over the last month and a half, its multiples have compressed over the last year.
  • 28 Jun 14
    12:57 AM
    Health Minister Harsh Vardhan's recent request to Finance Minister Arun Jaitley - for an increase in tax on cigarettes from 45 per cent to 60 per cent in the coming Budget - seems to have had a serious impact on cigarette smokers' pockets.
  • 26 Jun 14
    12:52 PM
    "ITC is a strong consensus buy - yet one of the worst-performing stocks in our coverage over the past 12 months - trailing the Sensex by 35%," the investment bank said in a note.
  • 24 Jun 14
    08:28 AM
    In bid to curb the consumption of tobacco products (including cigarettes) in India, the health minister, Dr Harsh Vardhan, has proposed to increase the excise duty on cigarettes by 100% in the upcoming union budget.
  • 13 Jun 14
    04:36 AM
    If the term of the previous National Democratic Alliance (NDA) government (1998-2004) is anything to go by, consumer goods companies such as Hindustan Unilever Ltd (HUL), ITC, Nestle, Godrej Consumer and Dabur are in for a rough ride.
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