Price History
ITC shareholders have an opportunity for a substantial dividend of 800%. Remember to note important dates like the ex-dividend date and payment date to ensure you're eligible for this payout. Make sure you buy ITC shares before the last eligibility date, as stated by Zee Business.
ITC declared a total dividend of Rs 14.5 for the fiscal year, while Page Industries announced an interim dividend of Rs 150. The last date to qualify for these dividends is May 26th.
According to Motilal Oswal and Sharekhan, there could be significant growth potential for Bharti Airtel, ITC, and Bharat Electronics, predicting a possible increase of up to 41% for these stocks in the long run.
Major companies like ITC, TCS, LIC, and Bajaj Auto are distributing dividends and bonuses this week. Life Insurance Corporation (LIC) is giving a 1:1 bonus, while shares of ITC, TCS, and Bajaj Auto will trade without the upcoming dividends from May 25 to May 29.
Despite the growth in FMCG sector and resilience shown in the cigarette business, ITC's target prices have been revised downward by brokerages, suggesting a potential undervaluation.
ITC reports a significant 22% decline in cigarette sales for Q4 of the current fiscal year, largely due to the influence of increased excise duties and related tax impacts on both direct and indirect sales.
ITC's revenue experienced a notable 17% increase, with their consumer goods segment outperforming, compensating for the impact of cigarette taxes.
ITC announces a final dividend of INR 8 per share, bringing some extra cash to shareholders' pockets.
ITC's Q4 results have outshone expectations, boasting an impressive EBITDA margin of 40%, marking a significant achievement for the company.
ITC's Q4 results show a boost from the cigarette business, attracting investor attention. However, opinions among brokerages like Nuvama, Goldman Sachs, and Morgan Stanley regarding the company's future prospects remain divided.
Today, Sun Pharma, Hindalco, Eicher Motors, Torrent Pharma, and NTPC Green are set to release their Q4 results, with ITC, LIC, GAIL, Emami, Max Health, JSW Cement, Va Tech, and 3M India also under the spotlight for their financial performances. Investors will closely monitor these companies' results to gauge their performance in the recent quarter.
ITC's Q4 profits increased by 4.9% year-on-year, but there was a 6.9% drop in revenues compared to the same period last year.
ITC has announced a dividend of INR 8 to its shareholders. The exact dates for the record and payment will be communicated shortly.
Morgan Stanley maintains its neutral stance on ITC, setting a target price of INR 346. Investors might consider this recommendation as the company stands firm in its assessment of ITC's performance.
ITC's Q4 EBITDA increased by nearly 9% year-over-year, reaching ₹64.25 billion. However, the EBITDA margin dropped to 29.6%, suggesting potential pressures on profitability compared to last year.
ITC's agricultural division experienced a dip in Q4 revenues, caused by delayed sales due to customer hesitation during the ongoing West Asia conflict.
Stock market closed with losses today as trading was volatile and investors sold off, especially around the levels of 23,800-23,900 on the Nifty index, indicating increased selling pressure in this region.
ITC's Q4 net profit increased by 5%, despite a 7% decrease in revenue, with EBITDA growing by 7.2%. The company's profit margins also improved to 40%. Notably, they announced a dividend of ₹8 per share for the quarter.
According to Nuvama, they have revised their target price for ITC shares down to ₹350, a decrease from the previous ₹365. Despite this adjustment, they still advise investors to maintain a 'Hold' position on ITC stocks.
Goldman Sachs maintains a neutral stance towards ITC, suggesting investors consider other opportunities, setting a price target at INR 330.
ITC reveals its Q4 segment-wise financial performance, with highlights across various sectors. This update emphasizes the company's financial outcomes and potential implications for the stock market. (ET NOW)
Vedanta's planned demerger could potentially delay its listing due to past examples like Tata Motors and ITC, where complex structures led to prolonged approval processes. Investors might want clarity on the timeline for Vedanta's reorganization.
ITC has announced a final dividend of ₹8 per share for the financial year 2026, bringing the total dividend to ₹14.5 per share. The company's Board approved its audited financial results for both standalone and consolidated reports in FY26.
ITC's upcoming Q4 earnings and dividend declaration have generated significant interest, with investors eagerly awaiting the company's performance update and potential dividend payout.
ITC's Q4 earnings could potentially be affected due to rising inflation causing increased raw material costs. The company's stock has dropped by 25% so far in 2021, sparking debate over whether it presents a value investment or a potential trap.
On May 21st, key companies like ITC, LIC, Nykaa, and GAIL are set to reveal their Q4 results. Investors will closely monitor revenue growth, profit margins, and any notable commentary. Particular interest lies with ITC, LIC, and Nykaa due to their market significance.
ITC's anticipated Q4 FY2026 earnings estimates, as per ET NOW, are generating interest. Stay tuned for further details on the company's potential performance in the coming quarter.
ITC has announced its Q4 dividend, marking the second cash reward for shareholders in 2026. The details, including the board meeting date and historical dividends, have been disclosed. Stay tuned for more updates on this payout.
Today, notable stocks experiencing activity include SPARC, Omaxe, Mastek, JSW Energy, Jindal (India), ITC, and Lyka Labs. Additionally, Airfloa Rail and Transformers & Rectifiers are also attracting attention among investors.
Omaxe secures a ₹75 crore investment for developing projects in Tier II cities, while Mastek appoints Amit Gajwani as COO for an orderly leadership transition. A SPARC partner encounters a Complete Response Letter (CRL) from the US FDA, JSW Energy increases its share in the Toshiba joint venture, and ITC strengthens its stake in Mother Sparsh to 49.3%.
ITC Limited has boosted its ownership in Mother Sparsh by purchasing an additional 9.85% stake, bringing their total share to 49.32%. This investment of approximately 30 crores was made to broaden ITC's presence within the baby care sector.
ITC and the tobacco industry are under pressure due to a 20% decline in cigarette sales for April-May, causing worries about consumer demand and overall growth. The companies are now contemplating price increases as a response.
ITC's cigarette sales have decreased by 20% between April and May, likely due to increased prices. This decline may be a result of dealers facing reduced demand due to the costlier cigarettes.
Gold Flake Superstar's price has increased from ₹70 to ₹79, signaling possible changes in consumer demand and profit margins for ITC.
ITC, India's leading tobacco company, intends to increase cigarette prices due to a significant 20% drop in sales during April and May. This move could potentially impact consumer spending.
ITC and Godfrey Phillips have increased cigarette prices to cover higher excise duties and cope with a shrinking premium segment, which makes up more than 30% of their revenue. The contraction could potentially narrow margins by around 800 basis points in Q1 of FY27, indicating challenging times ahead for these companies.