430.2500 4.45 (1.05%)
NSE May 02, 2025 15:31 PM
Volume: 12.8M
 

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ITC Ltd.
20 Oct 2023
430.25
1.05%
ICICI Securities Limited
Cigarette business continues to report steady revenue growth (+10% YoY; 17% 2Y CAGR), while cigarettes volume growth of ~4-5% is tad below our estimates. Market share gains from the informal segment continue due to (1) stability in taxes and (2) deterrent action by enforcement agencies. We expect volume growth for the formal industry to remain healthy in FY24.
Number of MF schemes decreased from 432 to 51 in Mar 2025 qtr
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