Page 21 - Itc

Govt sells 2% stake in ITC, raises Rs 6.7k cr

Held through SUUTI, stake in tobacco-to-FMCG major comes down to 9.1%

Govt raises Rs 6,700 cr from 2% stake sale in ITC

ITC shares rose as much as 5.5% in early trade to a record high of Rs 292.15 after news of the sale

SUUTI sells 2% stake in ITC; shares hit 52-week high

The 2% stake sale in ITC will fetch the government approximately Rs 6,700 crore

ITC hits lifetime high; surpasses HDFC Bank in m-cap ranking

The stock hit lifetime high of Rs 280, up 4%, extending its previous days nearly 5% rally on the BSE.

Cigarette shares gain; ITC hits 52-week high

ITC, Golden Tobacco, VST Industries and Godfrey Phillips India were up 1% to 6% on the BSE.

ITC net up 5.7%, note ban hits top line

Total income from operations up 5% at Rs 13,471 cr

ITC: Concern over cigarette business profitability

Lower tax rate aided third quarter earnings; focus will now shift to the Budget

ITC Q3 net rises 5.7% to Rs 2,647 cr

The company had posted a net profit of Rs 2,503.76 crore during the same period last fiscal

ITC nears 52-week high ahead of Q3 results

In past one month, the stock outperformed the market by surging 17% as compared to 5.5% rise in the Sensex.

ITC to launch 'super safe' spices under MasterChef brand

To foray into fruits, vegetables and seafood segment next

Navy Cut, Gold Flake price hike may hit ITC's sales

Sales of these two brands have declined 20-30% after the price hike

ITC: Despite price hikes, uncertainty remains high

Even as Street cheered price hikes, uncertainty on taxes under GST a key overhang for tobacco major

Cigarette shares in focus; Godfrey Phillips surges 20%

VST Industries, Golden Tobacco and ITC were up 3% to 11% on the BSE

Looking to create world-class Indian brands: ITC

In 2015-16, ITC's total FMCG business had a consolidated revenue of Rs 28,409.83 crore in which cigarettes contributed Rs 18,685.98 crore

ITC extends gain; up 8% in three trading days

The stock was up 3% to Rs 257 on BSE in intra-day trade, extending its 5% gain in past two trading sessions.

Shares of cigarette makers gain; ITC, VST Industries up over 5%

Golden Tobacco locked in upper circuit of 10% and Godfrey Phillips India up 6% on BSE in intra-day trade.

Tobacco industry, Modi govt face off ahead of WHO conference

Tobacco firms have criticised the biennial event because proceedings have in the past not been open to the public

Cigarette maker ITC criticises big health warnings on packs as well as higher taxes

Health activists and the Indian government say bigger warnings create awareness about the harmful effects of tobacco consumption and help reduce consumption.

ITC net rises 10.5% on tobacco biz growth

It managed higher profitability from its cigarette business, while loss from other FMCG segment narrowed down

Improved cigarette volumes may not lift ITC stock

Cigarette volumes grew by an estimated 3-4% in-line with estimates, and aided top-line in the quarter