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CIGARETTE VOLUMES ITC
ITC shares fall 2% after Q4 results. What Goldman Sachs, Morgan Stanley and others are saying?ITC shares slipped on Friday despite a 5% rise in Q4 standalone profit and strong FMCG growth. Brokerages remained cautious, with Goldman S...
Tactical buying visible in IT, selective opportunities emerging in auto ancillaries: Neeraj DewanIndian stock markets are navigating a balance between optimism and caution. Inflationary pressures and global uncertainties are key concern...
ITC Q4 preview: Will cigarette slowdown, tax hit weigh on earnings despite FMCG strength?ITC is expected to deliver a muted Q4 as cigarette volumes stay flat and higher taxes weigh on margins, despite strong double-digit growth ...
Why stock market rose today? Sensex rises over 600 points, Nifty ends above 24,150. 3 key factors behind the rallyIndian stock markets surged on Wednesday, with Sensex and Nifty 50 gaining significantly. This optimism was fueled by reports of Iran submi...
FMCG sector set for steady Q4 on rural demand and volume growthThe FMCG sector anticipates a steady March quarter, buoyed by stable rural demand and urban recovery, despite subdued pricing in some segme...
ITC, paints, QSR: Abneesh Roy on what you should buy and avoid right nowConsumer sector outlook for FY27 faces challenges from cigarette tax hikes and crude oil shocks. Abneesh Roy of Nuvama Institutional Equiti...
ITC shares rally nearly 10% in 2 sessions to cross Rs 500 markITC's shares soared nearly 10% in 2 days, surpassing Rs 500 and hitting a record Rs 510.60 on BSE. A 5% jump followed after the government ...
ITC shares jump 5% as cigarettes escape tax shocks in BudgetWhile taxation of tobacco is primarily under the purview of the GST Council, the central government also levies NCCD on cigarettes, subject...
ITC’s cigarette volumes may not sustain, Street has worriesITC posted a 4 per cent increase in net profit – the slowest growth in the past 11 quarters.
Buy ITC, target Rs 382: HDFC SecuritiesBuy ITC Ltd. at a price target of Rs 382.
Buy ITC, target Rs 382: HDFC SecuritiesBuy ITC Ltd. at a price target of Rs 382.
Hike in cigarette prices to offset fall in volumes; valuations looks attractive for ITC: Mayuresh JoshiOne really needs to understand how the impact on the profit & loss might happen as far as ITC’s core or absolute numbers are concerned, say...
Government's focus on cutting down smoking has meant continuous fall in ITC's performanceIn the Budget speech, the excise duty changes for cigarettes and tobacco products were shown under the sub-theme of promoting public health.
Cigarette makers launch smaller price packs to revive marketAnalysts say it's a healthy strategy to focus on smaller sized packs as gross margins are almost the same for both small and big cigarettes.
- What is pushing ITC towards record highs?
The FMCG major has been investors’ darling so far in the year 2013, hitting record highs on a regular basis.
- Religare assigns buy to ITC for Rs 220 target
Religare Capital Markets has valued the ITC stock on a SOTP basis and has a 'buy' rating with a target price of Rs 220.
- Excise hike to dent cigarette volumes: Sharekhan
Shares of ITC and Godfrey Phillips India were badly hit after the finance minister proposed an increase in cigarette taxes, forcing brokera...