“Juul Labs is pleased to announce that on March 3, the U.S. International Trade Commission (ITC) issued a decision to ...
Both brands, owned by Norwegian company Orkla ... but profit margins remain thinner than those of its peers. Historically, cigarettes have been ITC’s profit engine, contributing over 80% of ...
Should you buy ITC shares now? The Kolkata-based cigarette manufacturer’s stock has gyrated in a range of Rs 122—between Rs 378 and Rs 500—in the past one year, as of February 19. Many analysts have a ...
ITC Q3 FY25 Results Preview: Kolkata-headquartered cigarette-to-hotel conglomerate ITC is all set to report its quarterly numbers on Thursday, February 6. Analysts expect the company, whose ...
ITC does not have that kind of luxury and needs to launch brands across categories and price points,” he explains. However, he says the cash flow from cigarettes can easily support the FMCG ...
ITC’s margin—a gauge of profitability—largely met Street expectations, at 34.2 per cent. The Kolkata-based company’s cigarette volumes grew 5.0 per cent, 100 basis points above analysts’ expectations.
Keeping with its trend of appointing young executives in key roles, ITC has appointed 49-year-old Sandeep Kaul as chief executive of the cigarette business. IIM-Ahmedabad alumnus, Kaul has played ...
Following the news, VST Industries shares fell 4% to day's low of Rs 287.20, Godfrey Phillips stock fell about 4% while ITC fell over 2% to fall below the Rs 400-mark.