ITC Result

Revenues from the non-cigarettes FMCG segment was at Rs 4,848.95 crore compared to Rs 4,099.47 crore

Post Q2 results, most brokerages have either recommended a 'buy' and an 'accumulate' rating on ITC with target prices in the range of Rs 365 to Rs 405

All analysts are bullish on the firm with target prices ranging from Rs 375 to Rs 490

Stocks to Watch today: ITC, UPL, Zomato, Arvind, Bajaj Consumer Care, among others will release their Q1 earnings today.

Pre-tax profits from the non-cigarettes FMCG segment was at Rs 246 crore, compared with Rs 243 crore in the same period last year

Among sectors, all the key indices ended in the red, led by the Nifty IT index (down 2 per cent) and the Nifty Realty index (down 1.7 per cent). Nifty Auto index was the only gainer, up 0.4 per cent.

ITC Q1 PREVIEW: During the quarter ended June, shareholders lost over 7 per cent of their wealth parked in ITC

The board has recommended a final dividend of Rs 5.75 per share; cigarette revenues rose 13.1% at Rs 6,508.43 crore

The FMCG major's consolidated revenue from operations rose to Rs 15,404 crore

Brokerage JM Financial expects PAT to decline 6.4 per cent YoY to Rs 3,554.9 crore during the quarter ended March 2021

The company said its cigarettes business clocked a revenue of Rs 4,330.05 crore in the first quarter, against Rs 6,141.92 crore a year ago

Impact of the lockdown of manufacturing facilities, cigarette inventory levels, guidance on price and volume, and alternate distribution channels are among the key monitorables

Most stocks need to conquer their 200-DMA for the next surge.

Rural markets, which account for around one-third of the industry and have been the key driver of growth in recent years, witnessed a steep fall in growth rates

Analysts on average had expected a profit of 28.32 billion rupees, according to Thomson Reuters Eikon data

ITC's non-cigarette business expected to drive profitability