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ITC FMCG BUSINESS
Cigarettes to get costlier: ITC hikes Gold Flake Premium prices for the second time this year; here's how much a pack will now costITC Ltd has raised the price of its Gold Flake Premium cigarettes by Rs 10 per pack, taking the MRP of a 10-cigarette pack to Rs 135 from R...
Why did market rise today? Sensex jumps 773 pts, Nifty ends above 25,250 as rally continues. 4 factors behind Rs 4 lakh cr gainsSensex and Nifty saw significant gains on Wednesday, buoyed by aggressive Foreign Institutional Investor purchases. Better-than-expected Q2...
Q2 Earnings Scorecard: Which sectors outperformed and which fell behind?The September quarter results indicate strong revenue and profit growth in sectors like automobiles and banking. In contrast, sectors such ...
The great Indian biscuit battle begins: Can Reliance crack the code?Reliance Consumer Products Ltd is set to foray into India's competitive biscuit market, with an aim to leverage affordable pricing and a wi...
Trusted names, new game: India's FMCG giants reload old guns for changing tastesIndia's FMCG companies are expanding into new product categories by leveraging the trust associated with their established brands. Hindusta...
Digital brands, premium FMCG to drive ITC's growth ambitionsAmid challenges in its cigarettes business, ITC is focusing on expanding its non-cigarette offerings. The FMCG segment has shown significan...
ITC shares jump 6% in two days after Q2 results. More upside ahead?ITC shares rose to Rs 283.5 apiece on NSE on Wednesday morning, the highest level seen by the stock in nearly three months. The stock has n...
ITC shares rise 2% after Q2 results. What are Jefferies, Nuvama and others saying?ITC shares gained 2% despite an 18.5% year-on-year decline in Q2 net profit, as higher taxes and falling cigarette earnings weighed on prof...
ITC Q2 net profit falls 20% as high taxes keep margins in checkITC reported a 20% decline in standalone net profit for the September quarter despite a 45% increase in revenue. The rise in cigarette taxa...
Stocks in news: ITC, Marico, SBI, Yatra Online, NSE, Container Corp and Sun PharmaIndian equity benchmarks experienced gains, with Nifty nearing the 23,500 resistance level and strong corporate earnings reported. ITC face...
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25%Oil prices matter to the Indian economy, and the market responded with a smart rally as Brent crude cooled significantly on Monday. The ral...
ITC flags illicit trade pressure on cigarettes; digital-first businesses grow over 70%ITC Ltd has reported a significant increase in its digital-first and organic FMCG portfolio, achieving over 70% year-on-year growth. Howeve...
Yoga Bar maker Sproutlife Foods to merge with ITC; board approves schemeITC Ltd has received board approval for a scheme to merge Sproutlife Foods into its operations. This move is designed to streamline busines...
ITC Q2 Results: Profit falls 18% to Rs 4,229 crore, revenue rises 5%ITC Q2 Results: ITC Ltd reported an 18.5% decline in consolidated net profit for the September quarter on Monday as a sharp fall in earning...
ITC Q2 Results Preview: Profit seen falling nearly 30% YoY as cigarette tax hikes biteITC is expected to report a weak Q2, with brokerages forecasting an 8% decline in cigarette volumes and a drop of up to 29% in cigarette op...
Gen Z brands are breaching the last citadel of legacy consumer firmsIndia's Gen Z and D2C brands are challenging FMCG giants like Hindustan Unilever, ITC and Marico by expanding into kirana stores. New-age b...
ITC, RIL, HDFC Bank among top laggards as Nifty falls over 12% in 2026: Time to buy beaten-down stocks or wait for a recovery?In 2026, the Nifty 50 index faced significant drops, with 34 out of 50 stocks plummeting by as much as 34%. Analysts believe that the sell-...
Kirana stores make room for new generation FMCG brands as they muscle past legacy giantsIndia's kirana market has seen new-age consumer brands expand their market share to nearly 22%. This increase has impacted the dominance of...
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25%, according to analystsAt this juncture, what companies say about their Q2 results, and their outlook for Q3 and Q4, matters a great deal – but only to a certain ...
FMCG majors in race for big bite of snacks brand FarmleyMultiple FMCG companies are expressing interest in acquiring stakes in the healthy snacking brand Farmley. A group of early investors with ...