“India is also a protein-deficient market. We already have offerings such as high-protein atta, soya chunks and protein shakes, and we will...

As per the Tobacco Institute of India (TII), in India, illicit cigarettes represent nearly one-fourth of the domestic market, with estimate...

ITC 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...

Corporate India's March 2026 quarter results showed a mixed performance. While revenues grew strongly, input cost inflation and a weaker ru...

ITC Limited reported a steady March quarter. Strong operating margins were a key positive. EBITDA margins exceeded expectations. The compan...

ITC shares slipped on Friday despite a 5% rise in Q4 standalone profit and strong FMCG growth. Brokerages remained cautious, with Goldman S...

Indian stock markets are navigating a balance between optimism and caution. Inflationary pressures and global uncertainties are key concern...

ITC is expected to deliver a muted Q4 as cigarette volumes stay flat and higher taxes weigh on margins, despite strong double-digit growth ...

Philip Morris International cut its annual profit forecast on Wednesday amid regulatory uncertainty over its Zyn nicotine pouches and risin...

The FMCG sector anticipates a steady March quarter, buoyed by stable rural demand and urban recovery, despite subdued pricing in some segme...

Consumer sector outlook for FY27 faces challenges from cigarette tax hikes and crude oil shocks. Abneesh Roy of Nuvama Institutional Equiti...

Edelweiss Broking expects revenue and profit to grow at 12 per cent and 11 per cent, respectively.

ICICI Securities sees the company’s cigarette segment to see a revenue growth of 0.6 per cent YoY.

The top line is stagnating as the companies have failed to arrest the decline in cigarette volumes.

The strong cigarette business performance may catalyze stock re-rating. ITC reported cigarette volume growth of 0-1% for the quarter ended ...

According to a report after the results, company’s cigarette volumes in the March quarter fell 15% y-o-y and for FY13 they were down 12%.

Shares of ITC and Godfrey Phillips India were badly hit after the finance minister proposed an increase in cigarette taxes, forcing brokera...