Short covering is seen in the ITC Futures' during the November series till now, where we have seen fall in Open Interest with price rising by 3%.
After losing a case in the Calcutta HC against ITC over a trademark issue, the board has appealed to the Division Bench of the same court and it is hopeful that the issue can be sorted out amicably
ITC pointed to some measures as having helped it get over the muted demand in the markets
ITC is also strengthening its assorted chocolates which are typically meant for gifting
Unilever is tying up with plastic collectors and recyclers in all developed countries and in large developing markets like India
A Morgan Stanley report says it doesn't expect ITC to hike cigarette prices as the firm is likely to be one of the biggest beneficiaries of the tax cut
The firm is likely to be a major beneficiary of the tax rate cut, and is likely to post a 19% earnings growth during FY20
With festival season round-the-corner, companies are hoping for a pick-up in the overall consumption, which along with the cut in corporation tax, would aid earnings growth over the next few quarters
Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor
These multiple layers prevent food contamination and help in transport and storage
While they acknowledge a possible rise in the fiscal deficit as a result of this measure, they do suggest investors who with a long-term investment horizon use the opportunity to buy
He joins ITC with over two decades of experience in the field of sales and marketing
ITC is driving growth with new products. But under the leadership of ITC's new chairman, Sanjiv Puri, the focus for the company is to drive growth with profitability
ITC has made steady progress in the FMCG space with relentless focus on quality and product differentiation
In contrast, the valuation of TCS zoomed Rs 31,538.79 crore to Rs 8,43,367 crore and that of Infosys jumped Rs 11,746.94 crore to Rs 3,44,419 crore
In April, the board of debt-ridden Leela had floated an ordinary resolution for sale of its assets
The performance comes at a time when demand from both the urban as well as rural economies has been sluggish
The playbook is a familiar one for the GCMMF, one that it used a couple of years earlier when it went head-to-head with Hindustan Unilever over ice-creams
Both companies are also riding the digital wave when it comes to consumer engagement
Puri said some slowdown was seen in consumption towards the second half of last financial year and it still continues