ITC Ltd. News and Updates

Name: Latest research reports of ITC Ltd. authored by Geojit BNP Paribas and published by - Trendlyne research reports.
Item: ITC Ltd.
Rating: 5
Author: Geojit BNP Paribas

Keep track of all breaking news on ITC Ltd. from all sources in a single place.

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ITC Ltd.

05 Aug 2020

416.95

-0.56%

ITC's annual consumer spend across 25 brands crosses Rs 19,700 crore

Business Standard

The firm's annual report mentioned that Aashirvaad had an annual consumer spend of more than Rs 6,000 crore, Sunfeast was at Rs 4,000 crore, Bingo! Rs 2,700 crore, and Yippee Rs 1,300 crore

ITC Ltd. has an average target of 517.25 from 8 brokers.

ITC Ltd.

04 Aug 2020

416.95

-0.56%

COVID impact | ITC focuses on enhancing capacity of essential products, collaborations

Moneycontrol

In these challenging times, ITC is focused on enhancing capacity of essential products and collaborations to meet consumer needs

Sharekhan decreased Buy price target of ITC Ltd. to 522.0 on 26 May, 2025.

ITC launches SavlonHexa soap and bodywash

Business Line | 04 Aug 2020

ITC Ltd.

28 Jul 2020

416.95

-0.56%

ITC acquires Sunrise Foods in all-cash deal for Rs 2,150 crore

Business Today

ITC has acquired 100 per cent stake in Sunrise Foods at an "upfront consideration of Rs 2,150 crores on a cash-free, debt-free basis"

ITC Ltd. is trading below all available SMAs

ITC acquires spice-maker Sunrise in all-cash deal for Rs 2,150 crore

Business Standard | 28 Jul 2020 7 more

ITC Ltd.

28 Jul 2020

416.95

-0.56%

ITC LIMITED

Buy: ITC Ltd.

Target

Geojit BNP Paribas

EBITDA margin contracted to 28.0% from 40.2% in Q1FY20, primarily due to raw material inflation (tobacco leaf), increased transportation costs, and high losses from hospitality business. We expect strong cash flows generation and operations being back on track in the coming quarters. We continue to remain optimistic and reiterate our BUY rating on the stock with a revised target price of Rs....

Number of FII/FPI investors decreased from 1675 to 974 in Mar 2025 qtr

ITC Ltd.

27 Jul 2020

416.95

-0.56%

ITC

Results Update: ITC Ltd.

SMC online

ITC Ltd.s profit misses estimates, Profit Falls 25% but FMCG Revenue Rises 10.3%, Localized lockdowns are posing operational challenges Unprecedented disruptions in economic activity caused by nationwide lockdowns in the wake of COVID-19 pandemic weighed on the Company's performance during the quarter. Hotels, Cigarettes, ESPB and Paperboards & Packaging Businesses were impacted the most. FMCGOthers Segment delivered a strong performance driven by Staples, Convenience Foods and Health & Hygiene products, leveraging the strong equity of the Company's brands and a robust portfolio of relevant and innovative products. Other than the Hotels segment, progressive...

ITC Ltd. is trading below all available SMAs

ITC Ltd.

27 Jul 2020

416.95

-0.56%

Result Update:ITC

Buy: ITC Ltd.

Target

Axis Direct

ITC reported a better than expected Q1FY21 revenue at Rs 9,436crs vs est. 9,205crs (3% higher vs our estimates), it de-grew 17% YoY impacted by disruptions in operations due to nationwide lockdowns.

Sharekhan decreased Buy price target of ITC Ltd. to 522.0 on 26 May, 2025.

ITC Ltd.

25 Jul 2020

416.95

-0.56%

Sharp Cigarette volume decline and Hospitality losses affect profits

Neutral: ITC Ltd.

Target

Motilal Oswal

Expected dividend yield of 5-6% over the next two years and the apparent relief of cigarette sales bouncing back to near pre-COVID levels are not clear positives due to (a) persistent global ESG concerns on cigarettes (85% of EBIT in FY20), (b) overhang of further GST increase on cigarettes, (c) ITCs valuation premium to global tobacco majors like Philip Morris (trading at 15.2x one-year forward P/E) and BAT (at 8.1x), and (d) continuance of weak earnings trajectory (6.6% PBT CAGR over the last 5 years). PAT growth has still been better in high single-digits led by the Expected dividend yield of 5-6% over the next two years and the apparent relief of cigarette sales bouncing back to near pre-COVID levels are not clear positives due to (a) persistent global ESG concerns on cigarettes (85% of EBIT in FY20), (b) overhang of further GST increase on cigarettes, (c) ITCs valuation premium to global tobacco majors like Philip Morris (trading at 15.2x one-year forward P/E) and BAT (at 8.1x), and (d) continuance of weak earnings trajectory (6.6% PBT CAGR over the last 5 years).

ITC Ltd. average weekly volume is high.

ITC Ltd.

25 Jul 2020

416.95

-0.56%

ITC Limited

Buy: ITC Ltd.

Target

ICICI Securities Limited

Q1FY21 revenues grew 14% YoY to | 1671 crore (I-direct estimate: | 1651 crore) mainly due to 18.9% YoY growth in biosimilars to | 692 crore. The Generics segment grew 16.1% YoY to | 599 crore. Research services segment remained flat YoY at | 422 crore. EBITDA margins contracted 512 bps YoY to 24.7% (I-direct estimate: 22.2%) mainly due to lower gross margins and higher R&D; costs. EBITDA declined 5.5% YoY to | 413 crore against I-direct estimate of | 366 crore. Adjusted PAT declined 27.6% YoY to | 149 crore (I-direct estimate: | 127 crore). Delta vis--vis EBITDA was due...