ITC Ltd.

NSE: ITC | BSE: 500875 | ISIN: INE154A01025 | Industry: Cigarettes-Tobacco Products
| Falling Comet
403.0500 -4.20 (-1.03%)
NSE Sep 30, 2025 12:40 PM
Volume: 3.2M
 

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ITC Ltd.
20 Oct 2023
403.05
-1.03%
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 FII/FPI investors decreased from 974 to 950 in Jun 2025 qtr
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