Page 2 - Itc Ltd
FMCG beat market blues; charts hint 15% upside for ITC, Varun Beverages
The Nifty FMCG index hit a fresh all-time high on Thursday even as the key benchmark indices wilted under selling pressure, tracking losses in global markets.
 "FMCG beat market blues; charts hint 15% upside for ITC, Varun Beverages")
With new hotel brands, ITC checks in with 'house of brands' model
ITC has launched two brands - Storii, in the boutique premium segment, offering immersive experiences, and Mementos, a collection of unique luxury properties across destinations
 "With new hotel brands, ITC checks in with 'house of brands' model")
Top headlines: RBI's Shaktikanta Das on bank capital, ITC m-cap and more
RBI Governor on economic uncertainties to Sri Lanka privatising its national airline, here are the top headlines
 "Top headlines: RBI's Shaktikanta Das on bank capital, ITC m-cap and more")
ITC hits 47-month high in a weak market on heavy volumes; up 5% in 1 month
In the past one week, ITC has outperformed the market by gaining 3 per cent, as against nearly 1 per cent decline in the benchmark Sensex
 "ITC hits 47-month high in a weak market on heavy volumes; up 5% in 1 month")
Adani Transmission hits new high, surpasses ITC in market cap ranking
At 10:23 AM, Adani Transmission's market cap stood at Rs 3.88 trillion, followed by ITC (Rs 3.77 trillion), BSE data shows.
 "Adani Transmission hits new high, surpasses ITC in market cap ranking")
ITC exits from lifestyle retailing business after a 'strategic review'
Last month, ITC Chairman Sanjiv Puri said that the company was liquidating some old inventory of the Wills brand left in a few stores and there were no further plans to continue the business.
 "ITC exits from lifestyle retailing business after a 'strategic review'")
Strong Q1 earnings propel ITC to a fresh 3-year high, stock gains 3%
Analysts believe ITC would be able to continue to grow in high single digit in cigarettes & log a double-digit growth in all the other segments going forward.
ITC sees broad-based growth, net profit rises 34% to Rs 4,389 crore
The performance of ITC in the June quarter reflected normalisation of business activity across segments
 "ITC sees broad-based growth, net profit rises 34% to Rs 4,389 crore")
India's top companies flag slowdown concerns as global recession looms
Chairman of the top two consumer goods companies, namely ITC and HUL, were blunt in their assessment of the market
 "India's top companies flag slowdown concerns as global recession looms")
ITC shares hit 52-week high in intra-day; rally over 37% so far this year
ITC shares hit its one-year peak on Thursday amid talks about an organisational restructuring at the conglomerate, including demerger of hotels business and listing of its technology venture
FMCG exports to make substantial contribution to ITC's growth: Sanjiv Puri
ITC launched 110 products in FY22 to mark its capacity for innovation, he says
 "FMCG exports to make substantial contribution to ITC's growth: Sanjiv Puri")
ITC will continue to deliver robust growth despite inflation concerns: Puri
Diversified conglomerate ITC Limited said that the company will continue to deliver robust growth despite key concerns such as inflation
 "ITC will continue to deliver robust growth despite inflation concerns: Puri")
HUL, ITC, and USL now have 432 officials earning more than Rs 1 cr a year
In the last fiscal, FY22, the number of such executives rose by 33 per cent, 44 per cent and 113 per cent in HUL, ITC and USL, respectively
 "HUL, ITC, and USL now have 432 officials earning more than Rs 1 cr a year")
How tobacco-to-hotels major ITC rose to the challenge during pandemic
ITC Chairman and Managing Director Sanjiv Puri's three years in charge have seen structural shifts that steadied the cigarettes to hotels major against a tough business environment
 "How tobacco-to-hotels major ITC rose to the challenge during pandemic")
5 technical reasons to sell Marico, Dabur and buy Hindustan Unilever
Shares of Hindustan Unilever are exhibiting a major breakout, whereas Dabur India and Marico are not exhibiting much of a promise on the charts.
 "5 technical reasons to sell Marico, Dabur and buy Hindustan Unilever")
ITC hits highest level since May 2019; stock soars 10% in 6 days
ITC has been gaining market share in cigarettes over the last one year through new premium products & aggrieve trade promotions
ITC gains 2% in a weak market, stock nears 52-week high
A stable tax environment for cigarettes in recent years has allowed ITC to calibrate price increases to avoid a disruption in demand.
 "ITC gains 2% in a weak market, stock nears 52-week high")
ITC, Sun Pharma: 5 defensive stocks that may gain up to 25%. You own any?
Pharma stocks like Torrent Pharmaceuticals, Sun Pharmaceutical Industries, and Cipla can easily run up to 18 per cent
 "ITC, Sun Pharma: 5 defensive stocks that may gain up to 25%. You own any?")
Planning to reshuffle your portfolio? These 5 stocks may pump up gains
ITC, Varun Beverages, TVS Motor Company, Coromandel International and Hindustan Aeronautics can rally up to 25 per cent, technical charts suggest
 "Planning to reshuffle your portfolio? These 5 stocks may pump up gains")
Mehul Kothari recommends buying ITC
According to the technical analyst from Anand Rathi, ITC can rally to Rs 285.
 "Mehul Kothari recommends buying ITC")
