ITC stock surges 9% amid block deal; BAT likely seller
British American Tobacco (BAT), ITC's largest shareholder, was reportedly looking to sell 43.7 crore shares, or 3.5% stake, in the company via a block deal, which would fetch ₹17,491 crore.
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ITC shares fall 2% post Q3; analysts see up to 23% upside
Hotels business was a stand-out contributor, followed by FMCG, while paperboard and agri remained under severe pressure.
ITC shares rise after analysts meet; Jefferies sees 17% upside
Post analysts meet, Prabhudas Lilladher has maintained ‘Accumulate’ rating on ITC shares, while Emkay Global Financial and Jefferies have retained ‘Buy’ ratings.
ITC shares hit fresh all-time high; m-cap crosses ₹6 lakh cr
The FMCG major has joined the league of biggies such as RIL, TCS, HDFC Bank, ICICI Bank, HUL, and Infosys to become the seventh-most valued firm on BSE.
ITC shares cross ₹400 mark for first time; hit all-time high
The FMCG heavyweight hit a new record high of ₹401.95 during the session, breaching the previous high of ₹398.2 touched in intraday trade on April 11.
ITC stock jumps after plans to acquire 100% stake in D2C startup Yoga Bar
The cigarette-to-hotel conglomerate will buy Yoga Bar parent in one or more tranches over a time period of about three to four years.
ITC share hits fresh all-time high; rallies 72% in 8 months
ITC share price has risen 62% in the calendar year 2022, compared to 1.4% rise in the BSE benchmark Sensex.
ITC Q1 net profit up 34% at ₹4,390 cr; revenue rises 37.2%
Profit led by FMCG segment and cigarette business; ITC says geopolitical tensions and supply chain issues hardened commodity prices, creating “unprecedented” inflationary conditions
ITC share hits 3-year high; surges 7% in two sessions
ITC share gained 3.15% to hit over a 3-year high of ₹293.30 in intraday trade on Monday amid earnings optimism.
ITC shares hit 3-year high post Q4; should you buy, hold, or sell?
Cheering Q4 results, ITC shares rallied nearly 5% as most analysts remain bullish on the stock with a potential upside of up to 16% from the current market price.
