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CIGARETTE BUSINESS PERFORMANCE
ITC's packaged foods business crosses $2 billion in revenueITC's packaged food business soared past $2 billion in FY26, with overall FMCG consumer spending reaching Rs 37,000 crore. This growth was ...- ITC shares fall 3% to fresh 52-week low; Motilal Oswal sees more pain aheadITC shares fell to a fresh 52-week low on Wednesday as investors reacted to steep tax hikes on cigarettes under the new GST 2.0 regime. Bro...
- Psychology says the single variable that separates people who feel genuinely happy from those who don't isn't wealth, health, or achievement, but whether they feel loved by at least one person in a way that doesn't require them to performTrue happiness hinges on feeling loved, not on achievements or social status. Psychologists Sonja Lyubomirsky and Harry Reis reveal that de...
- Strong revenue growth fails to shield India Inc margins in March quarterCorporate India's March 2026 quarter results showed a mixed performance. While revenues grew strongly, input cost inflation and a weaker ru...
- ITC Q4 results: After margin surprise, all eyes now on cigarette tax impact, says Gaurang ShahITC Limited reported a steady March quarter. Strong operating margins were a key positive. EBITDA margins exceeded expectations. The compan...
- ITC Q4 Results: Profit rises 5% YoY to Rs 5,113 crore; Rs 8/share dividend declaredITC reported a 5% year-on-year growth in its standalone net profit to Rs 5,113 crore for the March-ended quarter. Revenue from operations r...
- 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...
- Delhi man earning Rs 60 LPA gets fired with 3 days notice; says getting out of corporate life was his 'greatest blessing'A Delhi-based entrepreneur has gone viral after sharing how getting fired from a ₹5 lakh-per-month corporate job in 2018 completely changed...
- 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 ...
- ITC, Godfrey Phillips shares rally up to 7% on reports of 17% hike in cigarettes priceITC and Godfrey Phillips India shares jumped up to 7% on Wednesday after a report said both companies may raise cigarette prices by as much...
- IPL teams appeal for tax rematch: 'Treat event as sport, not entertainment'Indian Premier League teams are asking the government to reclassify match tickets. They want IPL games treated as sports, not entertainment...
- 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...
- How does Stormy Daniels look now? You will be stunned if you see her nowStormy Daniels made headlines after a surprising public appearance in Atlanta, where fans noticed a dramatically different look from her ea...
- What is holding up the long-awaited ITC rally?According to Tandon, the evolving concept of ESG-themed investing is being reflected in the stock market reception of ITC. Citing the views...
- ITC beats estimates, but cigarette is under threatIts valuation is 50% lower than that of HUL, which is trading at 69 times its earnings.
- Buy ITC Ltd. target Rs 350 : SharekhanBuy ITC Ltd. for a price target of Rs 350
- Overweight on ITC with a target of Rs 395: Morgan StanleyThe strong cigarette business performance may catalyze stock re-rating. ITC reported cigarette volume growth of 0-1% for the quarter ended ...
- But for cigarettes, ITC’s June quarter show would have been lacklustreWhile ITC’s revenues grew 25% - the highest quarterly growth in the last four years, its net profit grew 15.6% - the lowest in the last fiv...
- Bigger FMCG footprint best bet for ITCStrong performance of the cigarette and consumer goods business is more than making up for the below par performance of its other businesse...
- ITC profit up by 26 per cent in Q4, driven by cigarette businessIndia’s largest cigarette-maker ITC reported better-than-expected 26 per cent rise in fourth quarter profit, driven by its mainstay cigaret...
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