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ITC Ltd - Company News

BSE   27 Apr 15 | 12:00 AM

344.10 -3.05 (-0.88%)
Mkt Price (Rs)   Chg Rs (Chg %)
Code: 500875
Face Value: N.A.

NSE   27 Apr 15 | 12:00 AM

344.85 -3.1 (-0.89%)
Mkt Price (Rs)   Chg Rs (Chg %)
Code: ITC
Performance
1 Week : Rs 341.85 (0.66%)
1 Month : Rs 317.10 (8.51%)
1 Year : Rs 342.05 (0.60%)
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  • 22 Apr 15
    10:46 AM
    ITC Ltd, India's largest cigarette maker, is in talks with Century Textile and Industries Ltd to buy its paper division in a bid to diversify revenue to non-tobacco businesses, said two sources directly involved in the deal.
    04:50 AM
    Every year, consumers are used to the cola majors slugging it out in the heat of the summer, trying to outdo each other. But this summer, there is a fight of a different kind emerging in a related category.
  • 21 Apr 15
    03:49 AM
    Softening rural consumption and the likelihood of weak corporate earnings in the March quarter saw investors dump stocks from the fast moving consumer goods (FMCG) sector.
    03:36 AM
    Frontline consumer stocks took a beating on Monday as the market fears the sector’s top line growth would suffer due to a slowing in rural demand. The market is justifiably worried about the sector’s growth in the face of stretched valuations.
  • 27 Mar 15
    10:52 AM
    This is something Time magazine wrote for Sachin Tendulkar. Let me try and rewrite it for corporate India.
  • 15 Mar 15
    01:28 AM
    Diversified conglomerate ITC Ltd on Saturday said it was in the process of setting up 20 factories for its FMCG products as it aims to garner Rs 1 lakh crore revenue from that business alone by 2030."We are in the process of building 20 factories.
  • 13 Mar 15
    12:18 AM
    After a gloomy period, ITC’s pricing power finally lit up the stock, as the company seems to have decided to raise the buck from customers.The scrip closed on Thursday at Rs 346.25, up by 2.35 per cent.
  • 03 Mar 15
    05:26 PM
    The steep increase in excise duty is expected to hit cigarette consumption in the country. There is a perceptible shift in the government's policy towards cigarette consumption, which is expected to hurt ITC's earnings in the coming years.
    12:46 AM
    Tobacco-to-hotel entity ITC has lost 13 per cent of its market value, or Rs 40,428 crore, since Budget day due to a sharp rise in the excise duties on cigarettes proposed by Finance Minister Arun Jaitley.
  • 02 Mar 15
    09:37 AM
    Shares of ITC were trading lower by 3% at Rs 350 on NSE in early morning trades, extending its previous day’s 8% fall, after the Finance Minister Arun Jaitley proposed raising taxes on cigarettes.
    12:59 AM
    ITC, which lost 8.5% of its market value or Rs 26,058 crore on the Budget day due to the sharp hike in duties on cigarettes, should look at demerging its consumer products and hotels businesses into separate companies to unlock value for its shareholders,
  • 28 Feb 15
    02:00 PM
    Finance Minister Arun Jaitley has proposed a 25% increase in 65 mm cigarettes and 15% in other categories, which is more than what the market had anticipated.Market leader, ITC's stock tumbled 8% on news of the steep hike.
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