Latest Itc News
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The Economic Times
Domestic brokerage JM Financial sees the outperformance of FMCG stocks reversing and has recommended investors to trim their positions in the overall sector on every rise. It sees seasonality effect Nifty FMCG's mean and the median underperformance stood at 6.3% and 6.4%, respectively.
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Thu, Sep 19, 2024
Mint
ITC , HUL, Dabur, others share prices rise up to 26% in 6 months: Buy, Sell or Hold the stocks?
Stock Market Today: ITC Ltd, Hindustan Unilever Ltd, Dabur India, others share prices have risen up to 26% in last 6 months. The gains in share prices have been led by some improvement in demand, signs of recovery. Check for factors leading to improved prospects and stock picks by analysts
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Wed, Sep 18, 2024
Mint
Itc share are up by 0.28%, Nifty up by 0.22%
Itc Share Price Today on 18-09-2024: On the last trading day, ITC opened at ₹508 and closed slightly higher at ₹508.85. The stock reached a high of ₹512.35 and a low of ₹507.6 during the day.
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Wed, Sep 18, 2024
Business Standard
ITC at a discount compared to large peers, says Sharekan; raises target
Sharekhan believes that ITC is entering a phase of consistent earnings growth trajectory
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Tue, Sep 17, 2024
Business Standard
ITC allots 21.13 lakh ordinary shares under ESOS
Consequently, with effect from 17 September, 2024, the Issued and Subscribed Share Capital of the Company stands increased to Rs 1250,75,98,701/- divided into 1250,75,98,701 ordinary shares of Re 1/- each.
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Tue, Sep 17, 2024
The Economic Times
How these paints, FMCG, and IT stocks can save your portfolio in a bear market
Quality stocks like Marico, Asian Paints, HUL, Berger Paints, ITC, Nestle India, Dabur, and Page Industries have underperformed the benchmark indices from 2020 to date. Even their PE multiples have fallen. But analysts believe these companies are attractive. Here’s why.
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Mon, Sep 16, 2024
The Economic Times
Abneesh Roy, Executive Director at Nuvama Institutional, highlights the attractiveness of the food sector. He particularly favours Bikaji for its pure-play focus. He also mentions HUL and ITC among larger companies. With an edible oil duty hike, price increases are expected in H2, benefiting overall pricing growth despite some margin impacts.
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Mon, Sep 16, 2024
Mint
ITC share are down by -0.18%, Nifty up by 0.2%
Itc Share Price Today : On the last trading day, ITC's stock opened at ₹515.1 and closed at ₹512.85. The stock reached a high of ₹516 and a low of ₹512.6 during the day.
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Mon, Sep 16, 2024
The Economic Times
ITC Share Price Today Live Updates: ITC Closes at Rs 513.85 Amidst Diminished Trading Volume
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Mon, Sep 16, 2024
The Economic Times
Mcap of nine of top-10 most valued firms jump Rs 2 lakh cr; Bharti Airtel sparkles
The market valuation of Infosys climbed Rs 17,480.49 crore to Rs 8,07,299.55 crore and that of ITC rallied Rs 15,194.17 crore to Rs 6,42,531.82 crore.
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Sun, Sep 15, 2024
Mint
Stocks to buy: FMCG stocks like ITC, HUL, and United Spirits have surged due to improved rural demand and premium product interest. The Nifty FMCG index outperformed the Nifty 50 in the last three months. Experts predict continued growth driven by festival spending and favourable monsoon conditions.
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Sat, Sep 14, 2024
The Economic Times
Stock market update: Stocks that hit 52-week lows on NSE in today's trade
SBI Life, Adani Ports SEZ, HDFC Life, Coal India Ltd and ITC were among the top losers on NSE in today's trade.
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Fri, Sep 13, 2024
The Economic Times
Profit-taking pauses D-Street's record run: Sensex falls 72 points; Nifty below 25,400
Leading the Sensex decline were Adani Ports, ITC, and other companies, with losses ranging from 0.7% to 1.4%. Countering the trend, Bajaj Finance, Bajaj Finserv, Axis Bank, IndusInd Bank, and Tata Steel ended the day with gains.
The Economic Times
Large, mid and smallcap stocks that mutual funds bought and sold in August
The mutual fund industry made significant additions to their portfolios with Axis Bank, Ola Electric, and Brainbees Solutions. Conversely, they reduced their stakes in HDFC Bank, Bharti Airtel, and Zydus Lifesciences. For three consecutive months, the major additions in the large-cap segment were Larsen & Toubro, ITC, and Maruti Suzuki, while the primary reduction was in Bharti Airtel.
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Fri, Sep 13, 2024
Mint
ITC share are down by -0.88%, Nifty down by -0.08%
Itc Share Price Today : On the last trading day, ITC opened at ₹520 and closed at ₹514.5. The stock reached a high of ₹520.2 and a low of ₹512.4 during the day.
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Fri, Sep 13, 2024
Business Line
Sensex, Nifty, Share Prices LIVE: Benchmark indices Sensex and Nifty gave up their early gains to trade flat at mid-session on Friday. At 12:05 pm, Sensex was at 82,938.23, down 24.48 points or 0.03 per cent. Nifty was at 25,371.55, down 17.35 points or 0.07 per cent lower. The top gainers on the Sensex were Wipro (up 3.31 per cent), Bajaj Finance (1.84 per cent), Bajaj FinServ (1.83 per cent), IndusInd Bank (1.38 per cent) and Tata Steel (1.35 per cent). The laggards were SBI Life (down 1.38 per cent), HDFC life (1.34 per cent), Adani Ports (1.27 per cent), ITC (1.09 per cent) and Tata Consumer (0.98 per cent). Earlier, the markets opened at record highs on Friday, buoyed by positive global cues and expectations of interest rate cuts by central banks. The Sensex opened at 83,091.55, while the Nifty started the day at 25,430.45, both surpassing their previous all-time highs. The rally was driven by strong buying interest from foreign institutional investors (FIIs), who purchased equities worth ₹7,695 crore on Thursday, marking the second-highest single-day buying in 2024. Domestic institutional investors also contributed with purchases of ₹1,800 crore.
Business Standard
Auto dealers can claim ITC on demo cars used for promoting sales: CBIC
Automobile dealers using demonstration vehicles or demo cars for promoting sales can claim input tax credit (ITC) under the GST law, the CBIC has said. However, no ITC would be available if demo cars are used by dealers for their own purpose during the course of the business. In a circular, the Central Board of Indirect Taxes and Customs (CBIC) said authorised dealers are required to maintain demo vehicles at their sales outlet as per dealership norms which are used for providing trial runs and for demonstrating features of the vehicle to the potential buyers. These vehicles are purchased by the authorised dealers from the vehicle manufacturers against tax invoices and are typically reflected as capital assets in books of account of the authorized dealers. As per dealership norms, these vehicles may be required to be held by the authorized dealers as demo vehicle for certain mandatory period and may, thereafter, be sold by the dealer at a written down value and applicable tax is ..
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Thu, Sep 12, 2024
The Economic Times
Automobile dealers can claim ITC on demo cars used for promoting sales: CBIC
The CBIC has clarified that automobile dealers can claim input tax credit (ITC) under GST for demo cars used to promote sales. However, ITC is not available if these vehicles are used for personal purposes. This clarification aims to reduce tax costs and resolve ongoing litigation in the automotive sector.
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Thu, Sep 12, 2024
Mint
Stocks at record high: The Indian stock market benchmarks—the Sensex and Nifty 50—hit new record highs. The total market capitalisation of BSE-listed companies rose by nearly ₹6 lakh crore. Almost 280 stocks, including ITC, Bharti Airtel, and Hindustan Unilever (HUL), hit their 52-week highs.
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Thu, Sep 12, 2024
Business Standard
Ajit Mishra of Religare Broking recommends buying these stocks on Sept 12
We are seeing noticeable traction in the FMCG counters and ITC is trading in sync with the move. It has formed a buying pivot, after registering a breakout from bullish continuation pattern.
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Thu, Sep 12, 2024
The Economic Times
ITC, Bajaj Auto among 6 Nifty50 stocks hitting new 52-week highs on Wednesday
Indian shares wavered in a volatile session on Wednesday, awaiting crucial U.S. inflation data that might impact the anticipated Federal Reserve interest rate cut next week. Despite the uncertainty, six Nifty50 stocks hit new 52-week highs today.
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Wed, Sep 11, 2024
Mint
Stocks To Buy: Sun, Coal India, ITC, HUL among 10 inclusions to Buy list by Jefferies for September
Stocks to Buy: Coal India, ITC , HUL , Sun Pharma, Cholamandalam Finance ICICI Lombard General Insurance Company , Siemens , Jubilant FoodWorks, Zydus Lifescience and Indigo (InterGlobe Aviation) 10 inclusions by Jefferies to its Buy list of 28 Stocks s for September
Mint
Seeking value in ITC and Godfrey Phillips? Tobacco stocks gain momentum in FMCG play
Despite lacklustre growth outlook, tobacco companies have become attractive investments. With nearly 60% return in the last six months, firms like ITC and Godfrey Phillips are capitalizing on the premiumisation trend
CNBC TV18
Top stock picks from Jefferies model India portfolio — From ITC to a 'sell' on Dixon
From ITC to IndiGo, these are some of the top stock picks from Jefferies' Model India portfolio.
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Wed, Sep 11, 2024
Mint
ITC share are up by 0.84%, Nifty up by 0.18%
Itc Share Price Today : On the last trading day, ITC's stock opened at ₹512.85 and closed at ₹517.75. The highest price reached during the day was ₹519.5, while the lowest was ₹511.95.
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Wed, Sep 11, 2024
The Economic Times
ITC, Pidilite Industries among 5 stocks with long buildup
A long buildup happens with rising open interest and volumes, indicating bullish trends. On Wednesday, five stocks saw new long positions.
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Wed, Sep 11, 2024
Mint
Buy or sell: HUL, ITC & Zomato — Ganesh Dongre recommends three stocks for Monday
Buy or sell: Ganesh Dongre, Senior Manager - Technical Research at Anand Rathi believes that individual stocks within the Nifty continue to show signs of bullish sentiment, contributing to overall market optimism
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Sun, Sep 8, 2024
CNBC TV18
Trade Setup for September 6: Nifty on the edge ahead of all important jobs report
The losses in Reliance were offset by some buying interest seen in IT majors Infosys and Wipro, along with other heavyweights like HDFC Bank and ITC.
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Thu, Sep 5, 2024
Business Line
Markets open higher on positive global cues, lower oil prices
Major gainers on the NSE were Ultratech Cement, Shriram Finance, Tata Steel, Titan, and ITC
The Economic Times
Reliance plans Rs 3.9k-cr infusion into FMCG unit to step up play
Reliance is set to inject up to ₹3,900 crore into its FMCG division, Reliance Consumer Products Ltd (RCPL), through a combination of equity and debt. This significant capital infusion aims to enhance its competitive stance against major players like Hindustan Unilever, ITC, and Coca-Cola.
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Wed, Sep 4, 2024
Mint
Mahindra & Mahindra Financial, ITC & others hit 52 week high today ; Do you own any?
Following shares hit their 52 week high today - Mahindra & Mahindra Financial, ITC, SBI Life Insurance Company, Sun Pharmaceutical Industries, HCL Technologies
The Economic Times
Tata Steel, ITC among 10 stocks that earned upgrades in the last 1 month
Several brokerages have recently upgraded the target prices for stocks like Tata Steel, ITC, Britannia, SBI, and Maruti Suzuki. These upgrades indicate potential price increases ranging from 2% to 15% based on current market prices. The detailed list includes target prices for each stock, showing market optimism for these companies.
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Tue, Sep 3, 2024
Business Standard
Vodafone Idea slapped with Rs 73 cr GST demand orders, penalty, interest
Debt-ridden telecom firm Vodafone Idea has been slapped with demand orders from various GST offices to pay over Rs 73 crore comprising tax dues with penalty and interest, a regulatory filing said on Monday. The company has received nine orders from various GST offices mostly for alleged short payment of taxes and allegedly availing excess input tax credit (ITC). The GST office in Kolkata has levied highest penalty of Rs 33.44 crore on the company along with demand of tax and interest on September 1 for "Alleged Tax short paid on outward supply, excess ITC availed", according to the filing. Noida GST office has ordered Vodafone Idea (VIL) to pay "penalty of Rs 26,89,94,489 along with demand and interest as applicable" on September 1 for alleged "excess availment of ITC and short tax paid for FY 2019-20" by the company. Patna GST office has levied a penalty of Rs 10.94 crore along with demand and interest on VIL. The company has received a penal order of Rs 4,211 from Chandigarh GST
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Mon, Sep 2, 2024
The Economic Times
ITC, Infosys among 7 Nifty50 stocks that hit fresh 52-week highs on Monday
The index gained momentum due to a rise in IT stocks driven by optimism over a potential U.S. rate cut, along with an increase in consumer goods shares following forecasts of favourable monsoon rainfall.
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Mon, Sep 2, 2024
The Economic Times
Technical Breakout Stocks: How to trade ITC, HCL Technologies and HPCL on Tuesday
Investors showed interest in banks, IT, utilities, and FMCG sectors, while healthcare, capital goods, metal, and telecom stocks faced selling pressure.
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Mon, Sep 2, 2024
Mint
Indian stock market steamrolled through a rocky H1FY25, with the Nifty delivering more than 13% returns since March 31, 2024. Brokerage firm Emkay Global raised its Nifty 50 target to 26,000 for September 2025, up from 22,000 for June 2025 earlier, with a generous target PER of 22x.
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Mon, Sep 2, 2024
The Economic Times
Emkay raises Nifty target to 26,000; adds 7 new stocks to model portfolio
Around seven new stocks have been added to the model portfolio and five have been dropped out. The stocks added to the model portfolio include Varun Beverages, ONGC, Larsen & Toubro, Ambuja Cements, HCL Tech, Delhivery, and ITC. The stocks which have been dropped out are Maruti Suzuki, Shree Cement, Wipro, Nestlé, and ICICI Prudential Life.