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ITC News

13 Mar 2024

ITC Shares Jump Nearly 9 Per Cent; MCap Soars By Rs 32,127 Crore

Based on Tuesday's closing price of Rs 404.25 per share, the value of the total ITC shares planned to be sold by BAT is around Rs 17,659.72 crore.

11 Feb 2024

Mcap Of 4 Most Valued Firms Jumps Rs 2.18 Lakh Cr; LIC, SBI Lead Gainers

Shares of TCS jumped 4 percent on Tuesday, taking its market valuation to above Rs 15 lakh crore.

06 Sep 2023

1 Piece Of Biscuit Costs Rs 1 Lakh: Why It Becomes Costliest Biscuit Ever?

ITC Limited had to provide a compensation of Rs 1 lakh to the customer. P Dillibabu from MMDA Mathur, Chennai, bought two biscuit packets from a retail store in Manali. This occurrence happened two years ago.

14 Aug 2023

ITC Reports 17.6% Hike In Net Profit Amid Strong Demand For Consumer Goods

India's ITC Ltd reported a better-than-expected profit in the first quarter on Monday as it kept a tight lid on expenses and saw strong demand for consumer goods in its urban and rural markets. Net profit at the cigarettes-to-hotels conglomerate rose 17.6% to 49.03 billion rupees ($590.28 million) in the three months ended June 30 from 41.69 billion a year earlier.

14 Aug 2023

ITC Board Fixes Share Entitlement Ratio At 1:10 For Demerged Hotels Biz

The firm said the demerger would be in the best interests of the two companies and their respective shareholders and other stakeholders. ITC Hotels will have the ability to raise capital from equity and debt markets for funding its growth requirements.

04 Jun 2023

Mcap Of 7 Of Top 10 Most-Valued Firms Erodes By Rs 65,656 Crore

While Reliance Industries, Tata Consultancy Services (TCS), HDFC Bank, ICICI Bank, ITC, Infosys, and HDFC were the laggards, Hindustan Unilever, State Bank of India, and Bharti Airtel witnessed addition in their market valuations.

31 Mar 2023

Sunfeast Mom's Magic #HugHerMore

ITC Sunfeast Mom's Magic and Zee News urge you to hug your mom more and Experience Moms Magic.

19 Oct 2022

Mother Sparsh gets further investment from ITC; looks to raise Rs 100 crore

The direct-to-consumer (D2C) brand on Wednesday said it is in advanced discussions with investors for securing Rs 90-100 crore in Series B funding, with ITC infusing Rs 13.5 crore in this.

22 Jun 2022

220 employees earn more than Rs 1 crore at THIS Indian company

The gross remuneration drawn by ITC Chairman in FY22 was up 5.35 per cent to Rs 12.59 crore. Puri's salary was 224:1 of the Ratio of Remuneration to Median Remuneration of all Employees. In FY21, Puri's gross remuneration was Rs 11.95 crore.

04 Jun 2022

Why Turkey rejected Indian Durum wheat? Centre to investigate reasons

The ships carrying the consignment shipped back on May 29 to Kandala port in Gujarat. Goyal pointed out that ITC is a reputed company.

18 May 2022

ITC Q4 net profit up 11.60 % at Rs 4,259.68 crore

ITC's revenue from operations was up 15.25 per cent to Rs 17,754.02 crore. Shares of ITC Ltd on Wednesday settled at Rs 266.50 on BSE, up 0.72 per cent.

03 Feb 2022

ITC reports 15% jump in net profit to Rs 4,118.8 crore in Dec quarter

Total expenses were higher at Rs 13,207.28 crore as compared with Rs 9,765.56 crore in the corresponding period last fiscal, the company said. ITC said its other FMCG division had a revenue of Rs 4,099.47 crore as against Rs 3,752.61 crore in the year-ago quarter. Revenue from paperboards, paper and packaging vertical also improved to Rs 2,046.48 crore.

09 Dec 2021

Sensex ends 157 pts higher; Nifty reclaims 17,500

The 30-share index ended 157.45 points or 0.27 per cent higher at 58,807.13. Similarly, the NSE Nifty rose 47.10 points or 0.27 per cent to 17,516.85. ITC was the top gainer in the Sensex pack, rising around 5 per cent.

26 Nov 2021

HUL, ITC increase soaps, detergents prices, here’s why

The reason behind the price is a jump in input costs. ITC has increased the price of Fiama Di Wills and Vivel. ITC has jumped the rates after input costs went up significantly.

17 Nov 2021

New surprise in McDonald’s Happy Meal! Food combo gets ITC beverages inside

The new combo with B Natural juices. The meal will be first available across all McDonald’s restaurants in West and South India. The meal also includes a choice of a McAloo Tikki burger or a McEgg Happy Meal burger and a cup of hot corn.

Matchbox Prices

23 Oct 2021

Matchbox price to increase to Rs 2 from December 1, rate hiked after 14 years

The last hike in matchbox prices had come in 2007 when the rate of a single box was increased from 50 paise to Rs 1. The latest decision has been taken collectively by all matchbox making companies. 14 different types of raw materials are required to make a matchbox.

14 Oct 2021

Sensex zooms 569 points to fresh record, Nifty tops 18,300-mark

The 30-share Sensex settled 568.90 points or 0.94 per cent higher at 61,305.95. The Nifty surged 176.80 points or 0.97 per cent to a new lifetime closing high of 18,338.55. ITC was the top gainer in the Sensex pack, rising around 3 per cent.

24 Jul 2021

ITC Q1 profit jumps 30.24% to Rs 3,343.44 crores

ITC’s consolidated net profit jumped by 30.24 per cent to Rs 3,343.44 crore. ITC’s revenue grew by 35.91 per cent to Rs 14,240.76 crore during the April to June 2021 quarter. ITC’s revenue stood at Rs 10,478.46 crore during the corresponding period of the previous fiscal.

04 Jun 2021

ITC’s cigarette volumes recover to pre-COVID ‘classic, golden’ levels

In 4Q FY21, cigarette volumes were back to pre-COVID levels. BNP Paribas said in a note that ITC declared a total dividend of Rs 10.75/share in FY21. FMCG division had a strong year with 16 per cent sales growth.

24 Apr 2021

Covid-19: ITC to airlift cryogenic containers, oxygen concentrators

ITC is airlifting 24 cryogenic ISO containers from Asian countries. ITC is supplying oxygen in many parts of Telangana. Besides ITC, Tata Steel and Reliance are supplying hundreds of tonnes of oxygen to hospitals.

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