Not so with ITC. It has been nurturing the non-cigarettes businesses for more than 25 years and diversified into these with an eye on the future and not because of any immediate duress.
Should you buy ITC shares now? The Kolkata-based cigarette manufacturer’s stock has gyrated in a range of Rs 122—between Rs 378 and Rs 500—in the past one year, as of February 19. Many analysts have a ...
According to them, ITC’s core business of cigarettes has shown steady performance. With stable taxes on cigarettes, they anticipate sustainable growth in this business. “While the FMCG sector ...
The firm in its report highlighted the growth in cigarette volumes of the company but also cautioned about the margin pressures across key segments. According to the brokerage firm, ITC’s ...
ITC Q3 FY25 Results Preview: Kolkata-headquartered cigarette-to-hotel conglomerate ITC is all set to report its quarterly numbers on Thursday, February 6. Analysts expect the company, whose ...
So, cigarette prices won’t rise drastically either and margins will remain subdued in Q4 (for ITC)," said Devarsh Vakil, head of prime research at HDFC Securities. ITC, India’s largest ...
ITC, which accounts for every three of four cigarettes sold in the country, has increased prices by 10% in the premium segment, while for the regular cigarette of 69-mm size the price has gone up ...
Missouri teens are about to be inundated with illegal Chinese vapes, as Biden and Obama holdovers at the International Trade Commission (ITC) are moving to ban the only legal pod-based vape product in ...
Financial services major Wells Fargo on Monday sold diversified conglomerate ITC Ltd’s shares worth over Rs 106 crore through ...