itc limited news company updates and announcements

ITC Limited has made significant strides in its sustainability efforts, aiming to become carbon neutral by 2050.

The company has set a target to reduce its greenhouse gas emissions by 50% by 2025.

ITC Limited has also made commitments to promote sustainable agriculture and forestry practices.

One such initiative is the company's support for the development of sustainable agriculture practices among small farmers.

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ITC Limited has reported a revenue of ₹23,812 crores for the year 2022.

The company's revenue has consistently grown over the years, with a Compound Annual Growth Rate (CAGR) of 9.5% from 2018 to 2022.

ITC Limited has a market capitalization of ₹5.5 lakh crores, making it one of the largest companies in India.

The Sensex dipped over 600 points on Friday, with the Nifty testing 24,000. The decline was led by IT and bank stocks.

ITC, TCS, Infosys, ICICI Bank, Zomato, and Tech Mahindra were among the notable decliners.

NTPC, SBI, Adani Ports, Nestle India, and Tata Steel showed gains.

DMart surged 10% after a strong revenue report. MOIL rose 6% due to its best-ever quarterly performance.

Shares of ITC Hotels will initially list on the BSE and NSE in a dummy format to minimize the impact on Sensex and Nifty levels.

The Nifty 50 is a benchmark index of the Indian stock market that tracks the performance of the top 50 companies listed on the National Stock Exchange (NSE). It's a key indicator of the market's overall health.

Some of the companies that make up the Nifty 50 include Tata Motors, Titan Company, and ONGC, which are all major players in their respective industries. These companies are among the most liquid and widely held stocks in the market.

The Nifty 50 has been impacted by recent market volatility, with the Sensex falling over 600 points on a particular day. This decline was led by notable declines in IT and bank stocks, including ITC, TCS, Infosys, ICICI Bank, and Zomato.

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Here is a list of some of the Nifty 50 stocks:

The Nifty 50 is an important benchmark for investors and traders, and its performance can have a significant impact on the overall market.

ITC Hotels is set to enter the listed space on January 29, after receiving clearance from the BSE and NSE.

This significant development is a result of a special pre-opening session for ITC, which concluded at 10:00 am with its scrip settling at a price of Rs 455 per share.

As part of the arrangement, ITC Hotels will be added to headline indices Sensex and Nifty, marking a temporary entry into these indices.

The ITC stock has shown signs of reversal after a 10% fall from highs, with short-term traders potentially buying for a target of Rs 530 within 2-4 months.

Suggestion: Rs India

ITC Limited recently received a certificate under Regulation 74(5) of the SEBI (DP) Regulations, 2018, for the shares dematerialised in December 2024.

The company did not require rematerialisation of shares during December 2024.

ITC Hotels shares are expected to list between Rs 200-300 after its demerger from ITC.

The record date for the demerger is January 6, with the listing likely before mid-February.

Shareholders will receive one ITC Hotels share for every 10 ITC shares.

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The demerger of ITC Hotels is a significant corporate action that has been in the works for some time. It becomes effective from January 1, 2025, and ITC shareholders listed by January 6 receive one ITC Hotels share for every 10 ITC shares owned.

ITC Hotels will directly issue equity shares, and a special trading session will be held to determine its fair price, which is expected to be in the range of Rs 113 to Rs 170. This demerger has strong growth potential for both ITC Ltd and ITC Hotels Ltd.

The demerger process follows approvals from NCLT, shareholders, and CCI, and ITC will retain 40% ownership, while existing shareholders will receive the remaining 60%.

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The demerger of ITC Hotels is a significant corporate action that has been in the news lately. The demerger became effective on January 1, 2025, and ITC shareholders listed by January 6 will receive one ITC Hotels share for every 10 ITC shares owned.

ITC Hotels will directly issue equity shares, and a special trading session will be held to determine its fair price. The expected share price range for ITC Hotels is Rs 113 to Rs 170.

The demerger is a result of ITC's decision to separate its hotels business into a separate entity, ITC Hotels Limited. The company will retain 40% ownership of ITC Hotels, while existing shareholders will receive the remaining 60%.

ITC will transfer Rs 1500 crore cash to its demerged hotel business, ITC Hotels, for growth and contingencies. ITC Hotels will receive ITC's trademarks under a license agreement.

Here's a list of key dates related to the demerger:

The demerger is expected to unlock growth potential for both ITC and ITC Hotels, with strong growth prospects for both companies post-demerger.

Orient Cement, Surya Roshni, and Newgen Software are set to be in focus due to various developments.

Orient Cement will be one of the stocks to watch as markets resume trading.

Surya Roshni and Newgen Software Technologies will also be in the spotlight for related reasons.

The Supreme Court has given Britannia and ITC a chance to settle their dispute out of court.

Britannia has been allowed to use its earlier blue and yellow colored package for selling its 'Nutri Choice Digestive Zero' biscuits, a decision that was challenged by ITC in the Delhi High Court.

The Delhi High Court had initially allowed Britannia to use the package, but ITC has appealed the decision to the Supreme Court.

ITC has moved the apex court, seeking to overturn the Delhi High Court's verdict and prevent Britannia from using the package.

ITC Limited has been recognized for its commitment to sustainability, with a ranking of 2nd in the Dow Jones Sustainability Index (DJSI) Asia Pacific.

The company has made significant strides in reducing its environmental impact, with a 30% reduction in greenhouse gas emissions per unit of production between 2015 and 2019.

ITC Limited has also been recognized for its efforts in promoting women's empowerment, with a 50% increase in the number of women employees in senior management positions between 2018 and 2020.

The company's focus on innovation has led to the development of new products and services, including a range of sustainable packaging solutions.

The new atta from ITC Aashirvaad is a game-changer in the market.

The atta is a mixture of wheat with soya, gram, and oats.

This blend of ingredients is designed to provide a nutritional boost to consumers.

The atta contains 15 gm of protein per 100 gm serving.

That's a significant amount of protein in a convenient and easy-to-use flour form.

ITC Aashirvaad is confident that this new product will give multigrain flours a run for their money.

Sanjiv Bhasin, Director of IIFL Securities, has expressed optimism about the market holding at 17500.

Market expert Sanjiv Bhasin has shown his faith in the market's ability to stay strong at 17500.

This comes as a positive sign for investors looking to make informed decisions about their portfolios.

Sanjiv Bhasin has a reputation for being a reliable source of market insights, and his optimism is worth considering.

Sanjiv Bhasin has picked ITC Ltd and other stocks as potential buys, according to Anil Singhvi's report.

ITC Hotels reported a 54% jump in its net profit to Rs 133.1 crore in Q1 FY26.

The company's margin has expanded by 80 bps on a year-on-year basis, indicating a significant improvement in its financial performance.

ITC's Q4 FY25 results saw a 3% increase in PAT to Rs 5,155 crore, with a dividend declaration that pleased investors.

The company's Q2FY23 revenue is estimated to grow by 23% year-on-year to Rs 15,614 crore, according to research analyst Nupur Jainkunia.

This growth is expected to be driven by the company's diversified business segments, including hospitality and FMCG.

ITC Hotels Q1 FY26 Results show a nearly 54% jump in net profit to Rs 133.1 crore.

The company's PAT (profit after tax) has seen a significant increase, with a 54% growth in just one quarter. This is a remarkable achievement for the hospitality chain.

The company's margin has expanded by 80 bps (basis points) on a year-on-year basis, indicating a notable improvement in their financial performance.

ITC Hotels' Q1 FY26 Results demonstrate a strong financial performance, with a significant increase in net profit.

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ITC's Q4 FY25 results are out, and they're a mixed bag. The company's Profit After Tax (PAT) has jumped 3% to Rs 5,155 crore.

This increase in PAT is a positive sign for the company, but it's worth noting that the dividend has been cut. The exact dividend per share is not specified in the article, but we do know that it has been trending upwards over the years.

Here's a rough idea of how the dividend per share has changed over the years:

As you can see, the dividend per share has been increasing over the years, but it's not clear if this trend will continue.

ITC's EBITDA is likely to fall nearly 4% in the March quarter due to rising input costs. This is a significant drop, and it's essential to understand the implications for investors.

ITC's gross margin is expected to take a hit in the March quarter. Rising input costs are a major concern for the company, and it's likely to impact its bottom line.

The company's Q4 results will be closely watched to see how it navigates these challenging times.

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ITC's Q2FY23 revenue is expected to grow by 23 per cent year-on-year to Rs 15,614 crore.

This growth is estimated by Zee Business research analyst Nupur Jainkunia, who has been tracking the company's performance.

ITC's revenue in the same period a year ago was Rs 12,731 crore.

The company has a strong track record of delivering growth, with a 51 per cent return to its investors in 2022 so far.

This growth is expected to continue, with some brokerages predicting that the company's share price could touch Rs 370 in the coming months.

ITC's stock has already shown a significant increase, climbing to a 5-year high in September 2022.

The company's Q4 results have also been impressive, with its MD Sanjiv Puri being elevated as the new Chairman and Managing Director.

ITC's management is confident about the company's growth prospects, with targets in place to achieve double-digit revenue growth.

The company's Q2FY23 results preview suggests that it is on track to meet these targets, with a strong revenue growth expected.

ITC's stock has declined by as much as 14 per cent since the budget's day close at Rs 462.55, hitting a fresh 52-week low.

Many analysts have a positive outlook on the ITC stock, citing earnings visibility in its cigarettes and 'other FMCG' businesses, and stable taxation.

ITC's cigarette volumes were in line with analysts' estimates, showing a mixed quarterly performance.

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.

Brokerages including CLSA, HSBC, and Morgan Stanley have views on ITC's latest earnings report, but it's essential to consider their individual perspectives.

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Global brokerage Jefferies calls ITC a winner after the centre did not hike tobacco tax.

ITC has delivered a whopping 51 per cent return to its investors in 2022 so far.

Brokerage Jefferies has a favorable view of ITC, considering the company's performance and market trends.

ITC Limited has been a consistent performer in the FMCG space, with a growth rate of 11% in the last quarter, outpacing the industry average.

The company's diversified portfolio has been a key driver of its success, with segments such as personal care, packaged foods, and education performing well.

ITC Limited's strong brand presence is a major factor in its growth, with popular brands like Aashirvaad, Sunfeast, and Yippee contributing significantly to the company's revenue.

The company's focus on innovation and product development has also helped it stay ahead of the competition, with new launches like ITC's e-commerce platform and its foray into the health and wellness segment.

ITC Limited's commitment to sustainability has also earned it recognition, with the company being ranked among the top 10 most sustainable companies in India.

The company's strong financials, with a net profit of ₹11,646 crore in the last quarter, are a testament to its solid business model.

ITC Limited's expansion into new markets, both domestically and internationally, has also been a key driver of its growth.

ITC Limited has a diverse portfolio of businesses, including FMCG, Hotels, and Agri-Business, with a presence in over 100 countries.

The company's FMCG business is one of its largest segments, with a presence in the packaged foods, personal care, and education products markets.

ITC Limited has a strong presence in the packaged foods market, with a portfolio of brands that include Aashirvaad, Sunfeast, and Yippee.

In the personal care segment, the company's brands include Fiama Di Wills and Viva.

ITC Limited also has a significant presence in the education products market, with brands such as Classmate and Engage.

Zee Business analysts have shared their calls for trading and investing in Delhivery, NCC, IndiGo, and City Union Bank.

Delhivery is one of the stocks recommended for trading and investing, according to Zee Business analysts.

Ansh Jogendra Bhilwar and Pooja Tripathi have shared their views on these stocks, making them worth considering for investors.

Delhivery and NCC are among the stocks that analysts think could be good for long-term investment.

City Union Bank is another stock that has caught the attention of Zee Business analysts.

Investors may want to consider these stocks for their trading and investing portfolios, based on the recommendations from Zee Business analysts.

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I've been keeping an eye on the FMCG sector, and I'm excited to share with you my observations on a recent laggard. ITC shares have been trading at Rs 210.60 on the NSE, up by almost 1.2% from last closing price on Monday.

This recent trend reversal is quite interesting, with a double bottom formation at levels around Rs 204. It's a strong indication that the stock may test levels around Rs 216 and Rs 220.

Suggestion: Star Risk Levels 2023

According to Sameer Satpathy, Chief Executive, Personal Care at ITC Limited, the business will continue to grow ahead if you have a habit of walking. I'm not sure what that means, but I'm sure it's a positive message!

Here's a brief comparison of ITC with its peers:

As you can see, ITC has a lower P/E ratio compared to Hindustan Unilever, but a higher market cap. This could indicate that ITC is a more stable investment option, but it's essential to do your own research before making any investment decisions.

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Business leaders paid heartfelt tributes to ITC Chairman Y C Deveshwar, who passed away after a brief illness, saying he leaves behind a rich legacy.

The tributes were a testament to Deveshwar's significant contributions to the business world.

On January 27, the company had beaten estimates by reporting a 5.7% rise in net profit during the quarter ended on December 31.

This achievement was a notable milestone in Deveshwar's tenure as ITC Chairman.