Buy ITC; target of Rs 533: KR Choksey
KR Choksey is bullish on ITC has recommended buy rating on the stock with a target price of Rs 533 in its research report dated October 26, 2023.27-10-2023
Buy ITC; target of Rs 533: KR Choksey
KR Choksey is bullish on ITC has recommended buy rating on the stock with a target price of Rs 533 in its research report dated October 26, 2023.ITC LTD. - 500875 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Please find enclosed details of Share Certificates for 6345 shares of Re. 1/- each of the Company intimated as lost by the Shareholders on 25th October, 2023.ITC stock faces growth pangs
Growth and profitability are moderating now. For the three months ended September, estimated year-on-year cigarette volume growth fell for the fifth straight quarter to 4.5%.Moneycontrol Pro Panorama | Indian consumption is faster, higher but not stronger
In this edition of Moneycontrol Pro Panorama: India needs a robust AI ecosystem, ITC shares going the HUL way, India's LGBTQAI community continues its struggle, India poised to make gains in space communications market, and moreQ2FY24 Quarterly Result Announced for ITC Ltd.
Cigarettes-Tobacco Products company ITC announced Q2FY24 results: Financial Highlights: Gross Revenue reached Rs 17,549 crores, with a 3.4% YoY growth (excluding Wheat & Rice exports, up 8.9%). PBT was reported at Rs 6,514 crores, a 9.7% YoY increase. PAT showed a 10.3% YoY growth, reaching Rs 4,927 crores. Earnings Per Share for the quarter stood at Rs 3.96 (compared to Rs 3.61 in the previous year). Segment-Wise Performance: FMCG – Others: Segment Revenue experienced an 8.3% YoY growth on a high base. The Segment EBITDA margin expanded by 150 basis points (bps) YoY to 11.0%. Segment PBIT grew by 36.8% YoY. A 2-year Compound Annual Growth Rate (CAGR) for this segment was reported at 14.5%. Cigarettes Segment: Net Segment Revenue was up 8.5% YoY. Segment PBIT grew by 8.0% YoY. The segment continued to recover volumes from illicit trade, mainly due to deterrent actions by enforcement agencies. Hotels Business: Segment Revenue and PBIT grew by 21% and 50% YoY, respectively, despite a high base. The Segment EBITDA margin increased by 170 bps YoY to 30.7%. ITC Hotels had the honor of catering to prestigious events, including the G20 summit and the visit of the President of the United States. Agri-Business: Segment Revenue (excluding Wheat & Rice exports) saw substantial YoY growth of 26.4%. Segment PBIT increased by 3.3% YoY. The company actively engaged with farmers to build resilience against extreme weather events through the Climate Smart Agriculture program. Strong customer relationships and agile execution in Leaf Tobacco and Value Added Agri products continued to drive growth. Paperboards, Paper, and Packaging Segment: The segment faced challenges due to low priced Chinese supplies, muted demand in export markets, and a high-base effect. Sharp drop in net sales realization and global pulp prices were observed during the quarter. The project for augmentation of in-house chemical pulp capacity by approximately 20% was completed during the quarter. Result PDFITC LTD. - 500875 - Media Statement And Investor Presentation
Media Statement and Investor Presentation on financial performance for the quarter ended on 30th September, 2023ITC LTD. - 500875 - Recommendation For Appointment Of Mr. Rahul Jain As Non-Executive Director
The Board in its meeting held today, i.e. 19th October, 2023 recommended to the members for the appointment of Mr. Rahul Jain as Non-Executive Director of the Company with effect from 1st January, 2024.ITC LTD. - 500875 - Board Meeting Outcome for Outcome Of The Board Meeting
Approval of Unaudited Financial Results for the Quarter and Half-year ended 30th September, 2023ITC LTD. - 500875 - Approval Of Unaudited Financial Results For The Quarter And Half-Year Ended 30Th September, 2023.
The Board in its meeting held today, i.e. 19th October, 2023 approved the unaudited financial results for the quarter and half year ended on 30th September, 2023.ITC LTD. - 500875 - Announcement under Regulation 30 (LODR)-Acquisition
Agreement to acquire further shares in Delectable Technologies Private Limited