ITC did not disappoint in Q4 earnings: What should investors do with this stock?
1 year, 10 months ago

ITC did not disappoint in Q4 earnings: What should investors do with this stock?

Live Mint  

After a lackluster opening, ITC stock price gained momentum to rise by nearly a percent on Friday. Analysts at JM Financial in their report said, "ITC’s Mar-Q earnings continued to be strong with a very impressive delivery in FMCG on both growth and profitability fronts. Further, Motilal Oswal's analysts in their note said, "Unlike its staples peers, ITC has reported consistent impressive performance in its Other FMCG business, along with robust performance in Hotels. Read here: ITC Q4 results: Firm announces dividend of ₹ 9.5, fixes record date, check details here Motilal's note said, "At a time when uncertainty looms over the industry due to high inflation, unpredictable monsoons, and continued weak rural sales, ITC’s earnings performance in the last couple of years has shined like a beacon." FY24 outlook: Kotak Institutional Equities believe that even though ITC’s sequential growth momentum in cigarettes moderated to 0.9% after 5-6 good quarters, the business is on track to deliver HSD volume growth, DD revenue growth and DD EBIT growth, given a stable tax regime, stable demand environment and continued clampdown on illicit trade.

Growth Hotels Performance Earnings Price Stock Yoy Buy Strong Eps Itc Kotak Cigarette Fmcg Ebit Margin Motilal  price  itc  strong  earnings  investors  disappoint  stock  q4  performance  cigarette  itcs  fmcg  growth  eps

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ITC share price: Should you buy, sell, or hold the FMCG giant’s stock after Q3 results? Explained
1 month, 3 weeks ago

ITC share price: Should you buy, sell, or hold the FMCG giant’s stock after Q3 results? Explained

Live Mint  

ITC Q3 Results: ITC announced its October-December quarter results for fiscal 2024-25 on Thursday, February 6. In the December quarter, revenue from the gross sale of ITC products and services was ₹20,140.15 crore, up 8.74 per cent. ITC's total expenses were 12.18 per cent higher during the December quarter, to ₹14,413.66 crore. ITC's revenue from the 'total FMCG' segment, including …

Itc Share Price Today on 05-11-2024: Itc share price are down by -0.96%, Nifty up by 0.91%
4 months, 4 weeks ago

Itc Share Price Today on 05-11-2024: Itc share price are down by -0.96%, Nifty up by 0.91%

Live Mint  

Itc Share Price Today on 05-11-2024: At 05 Nov 16:00 today, Itc shares are trading at price ₹480.05, -0.96% down from the previous closing price. On the technical front, the stock is trading above the 300 days SMA & lower than the 5,10,20,50,100 day SMA. The stock will have support at 300 days SMA & face resistance at 5,10,20,50,100 days …

Itc Shares Price Today: Up 0.05%, Nifty Up 0.21%
5 months, 1 week ago

Itc Shares Price Today: Up 0.05%, Nifty Up 0.21%

Live Mint  

Itc shares are trading slightly up today, with the stock price closing at ₹481.95. The company has seen a significant increase in volume traded on both NSE and BSE, suggesting a positive price movement. The stock has hit a high of ₹483.15 and a low of ₹479.85 during the day, indicating a trading range of 2.25%. The company has a …

ITC shares drop over 4% as BAT says working towards monetising some of its stake
1 year, 1 month ago

ITC shares drop over 4% as BAT says working towards monetising some of its stake

Live Mint  

ITC share price traded over 4% lower on Thursday as its largest shareholder BAT is working towards offloading some of its stake in the cigarette-to-hotels conglomerate. Our shareholding in ITC has existed in one way or another since the early 1900s and is subject to numerous share capital changes and regulatory restrictions,” BAT said. BAT also highlighted that the Group’s …

ITC share price hits fresh 52-week high; mcap tops ₹6 lakh crore mark
1 year, 8 months ago

ITC share price hits fresh 52-week high; mcap tops ₹6 lakh crore mark

Live Mint  

ITC share price climbed 3 per cent to hit its fresh 52-week high of ₹493.40 in intraday trade on BSE on Thursday, boosting the market capitalisation of the stock to over ₹6 lakh crore mark. "From the core cigarette business perspective, we expect rational tax hikes ahead, given a higher share of the ad-valorem component leading to the build-up of …

ITC shares hit fresh 52-week high; should you buy?
1 year, 10 months ago

ITC shares hit fresh 52-week high; should you buy?

Live Mint  

The bullish run of ITC shares remains unabated as they rose nearly 2 per cent in morning trade to hit their fresh 52-week high of ₹442.50 on BSE on Thursday, looking set to extend its winning streak into the fifth consecutive session. The company outperformed analyst expectations with a 21.4 per cent surge in standalone net profit for the March …

What should investors do with Tata Motors shares post Q2 results?
2 years, 4 months ago

What should investors do with Tata Motors shares post Q2 results?

Live Mint  

Shares of Tata Motors plunged more than 5% to ₹409 apiece on the BSE in Thursday's opening deals even as the automaker's consolidated net loss narrowed for the second quarter to ₹945 crore, as sales picked up in marquee brand Jaguar Land Rover and across domestic as well as commercial vehicle segments, as compared to ₹4,441.5 crore a year earlier. …

ITC Share Gains 5% Post Q4 Results, Stocks Hit 3-Year High; Should You Buy?
2 years, 10 months ago

ITC Share Gains 5% Post Q4 Results, Stocks Hit 3-Year High; Should You Buy?

News 18  

Shares of ITC hit a 3 year high in Thursday’s opening deals after the FMCG major posted 12 per cent growth in net profit to Rs 4,195 crore for the January-March period, compared with Rs 3,755 crore a year ago. Staples and Convenience Foods remained resilient even as the pace of revenue growth witnessed moderation on a relatively high base,” …

ITC share gains over 4% to hit 52-week high; to pay Rs 6.25 dividend
2 years, 10 months ago

ITC share gains over 4% to hit 52-week high; to pay Rs 6.25 dividend

India TV News  

Highlights ITC has reported 11.60% rise in its consolidated net profit to Rs 4,259.68 crore for Q4 ITC will pay a final dividend of Rs 6.25 per ordinary share of face value Re 1 each for FY22 ITC Results, ITC Share Dividend News: ITC share prices jumped over 4 per cent to hit a 52-week high of Rs 279.25 on …

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