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ITC STOCK SLUMP
ITC stock slumps 4% after BAT reiterates intention to sell partial stakeBAT has been an investor in ITC since the early 1990s, and it presently owns a little over 29% stake in the tobacco-to-hotels major. In Dec...- Market Movers: Underdogs rejoice as Bharti Airtel, ITC run the showAnalysts had previously suggested that most of Vodafone Idea’s customers could move to Bharti Airtel, which could boost the company’s reven...
- Long & Short of Markets: Metal mania, recovery plays & multibaggersRead about strong financials of metal stocks, ITC’s outlook and where to spot multibaggers in this week’s edition of Long & Short of Market...
- Market Movers: Are ITC investors the eighth wonder of the world? Blockbuster day for MothersonAnalysts said ITC’s FMCG business did poorly on the margin front.
- Govt to sell stake in companies held under SU-UTI. How should investors react?It is a good buying opportunity, but don’t ignore the fundamentals of these scrips.
- Trending stocks: ITC share price slumps 6%Shares of ITC Ltd. traded 5.98 per cent down in trade at 11:37AM on Wednesday .
- ITC hikes prices by 3-5% on premium brands, stock up 1%The move followed concerns expressed by experts on the company's shrinking cigarette margins.
- 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.
- Stock market update: Top Nifty gainers and losers of Friday's sessionSensex closed 7 points, or 0.02 per cent, down at 36,542, while Nifty settled 4 points, or 0.04 per cent, down at 11,019.
- Metal stocks melt after US anti-dumping crackdownSuch imports of stainless steel flanges from India are valued at $32.1 million.
- ETMarkets After Hours: RIL on a new high; ITC smoke clouds FMCGShares of ACC witnessed biggest spike in the open interest contracts at 54.80 per cent.
- Eight of top-10 most valued cos lose Rs 48,434 crore in m-capMaruti Suzuki India saw its valuation slip by Rs 583.01 crore to Rs 2,18,038.37 crore.
- Mapping the market: HCL Tech has field day; GST jitter spooks logistics stocks, ITCThe S&P BSE Sensex, which held the fort above the 28,000 mark over the past few sessions, finally slumped below it to close at 27,697, down...
- Mapping the market: From 290 pts up to 100 pts down, here's what happenedThere was no big negative development either on the home front or in overseas markets that could pull down the market by 350 points.
- RIL pips ITC to become second most-valued firm on BSEA selling spree in ITC following custom duty on cigarettes made Reliance Industries the second most-valued company on BSE in terms of marke...
- ITC nosedives 11% after surging 3%; Godfrey, Golden Tobacco too slip; duty hiked to 25%Market participants were expecting the government not to raise excise duty this time, as rise in the duty could further exert pressure on v...
- ITC shares down over 5%; market cap dips Rs 14,871 crore post resultsITC plunged 5.01 per cent to settle at Rs 352.60 on the BSE. In intra-day session, it tumbled 5.92 per cent to Rs 349.20.
- Cigarette stocks fall amid reports of tough tobacco policyStocks of Godfrey Phillips slumped 6.09% to Rs 2,990, while ITC was down by 1.85% to Rs 351.05 and VST Industries lost 3.58% to Rs 1,625.05.
- ITC shares tank over 5 per cent; m-cap down Rs 14,895 croreShares of FMCG major ITC today slumped by over 5 per cent on profit booking amid a sharp dip in the stock market.
- ITC shares drop nearly 4 per cent as FTSE lowers weightShares of FMCG major ITC on Thursday slumped nearly 4 per cent after its weight was reduced in FTSE global equity index series.
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