ITC Ltd. News and Updates

Name: Latest research reports of ITC Ltd. authored by Prabhudas Lilladhar and published by - Trendlyne research reports.
Item: ITC Ltd.
Rating: 5
Author: Prabhudas Lilladhar

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ITC Ltd.

24 Jul 2020

421.05

0.47%

Q1FY21 Result Update - Valuations reflect Global Tobacco aversion - BUY

Buy: ITC Ltd.

Target

Prabhudas Lilladhar

Discretionary OOH categories declined 25%, Margins expand 170bps to 7.6% ITC PAT beat has been led by better than expected performance in Cigarettes, Agri and Paperboard business and 44% growth in other income. FMCG story remains intact with 34% sales growth and 170bps margin expansion led by segments like Atta, Biscuits, Noodles, Dairy and Hygiene products. Cigarette business is expected to report improved nos as June exit sale show recovery close to Pre Covid sales. Hotels business is expected to remain under significant pressure in near term with poor chance of being in black for next...

ITC Ltd. is trading below all available SMAs

ITC Ltd.

24 Jul 2020

421.05

0.47%

ITC

Buy: ITC Ltd.

Target

Dolat Capital

A 970bps decline in margin in the cigarette business indicates that the product mix was unfavorable and economy brand contribution must have increased during the quarter. Significant increase in duty has resulted in widening of price gap between ITC and smuggled cigarettes. We believe that this would continue to pressurize volume growth even after lockdown re-opens. FMCG business exhibited satisfactory performance with 10% revenue increase and 120bps margin expansion....

Number of MF schemes decreased from 432 to 51 in Mar 2025 qtr

ITC Ltd.

22 Jul 2020

421.05

0.47%

'Fine-dining' at home: ITC, Marriott, Taj plot their way out of pandemic

Business Standard

Five star hospitality chains have launched new food and delivery labels to service customers at home. Does this strengthen, or dilute their brands?

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

ITC Ltd.

18 Jul 2020

421.05

0.47%

Covid-19: Five-star hotels plan to deliver luxury dining and bar to your homes

livemint

Five-star hotels are ready to deliver their signature recipes and dishes from their award-winning restaurants to your dining room.From The Oberoi, The Marriott and ITC to The Lalit, hotels have tied up with home delivery apps

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

ITC Ltd.

14 Jul 2020

421.05

0.47%

Tamil Nadu govt clears projects worth Rs 2,500 cr, to create 4,000 jobs

Business Standard

According to sources, the proposed projects include Rs 500 crore from ITC for its proposed expansion in Coimbatore.

Number of MF schemes decreased from 432 to 51 in Mar 2025 qtr

ITC Ltd.

14 Jul 2020

421.05

0.47%

ITC to enhance import substitution in agarbatties; to work with bamboo-growing farmers

Business Line

Abhishek Law Diversified conglomerate ITC Ltd, as a part of ramping up production of its Mangaldeep brand of agarbattis (incense sticks), is working w

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

ITC Ltd.

13 Jul 2020

421.05

0.47%

Pick of the Week:13 JUL 2020

Buy: ITC Ltd.

Axis Direct

ITC is a market leader in traditional businesses of Cigarettes, Hotels, Paperboards, Packaging and Agri-Exports and is rapidly gaining share in the FMCG segment. ITC is a market leader in traditional businesses of Cigarettes, Hotels, Paperboards, Packaging and Agri-Exports