Page 20 - Itc

ITC dips on closure of cigarette units over uncertain health warning rules

The FMCG major announced the closure of its cigarette factories from April 1, 2016

Not ready to print larger pictorial warnings, says ITC

ITC said it has been compelled to shut its cigarette factories with effect from April 1, 2016, until clarity emerges

ITC acquires Technico Agri Sciences for Rs 121 crore

The acquired company has been revenue positive for the past three fiscal years

ITC market share in instant noodles segment rises to 30-40%

ITC has also entered dairy with ghee in the southern market and is looking to introduce more products in the segment

ITC races ahead of HDFC Bank, Infosys

The ITC stock, which opened Rs 9 higher than its Monday's closing, happened to be one of the major contributors to the 700-plus Sensex rally on Tuesday

ITC becomes third most valued company; surpasses Infosys, HDFC Bank

Company's market valuation stood at Rs 2,61,403.46 crore

ITC, Infosys, ICICI Bank contribute 50% of over 750 point Sensex rally

ITC, Infosys and ICICI Bank collectively contributed 370 points of the Sensex's 777 points rise, the BSE data showed.

Why ITC stock is up despite higher duties on tobacco products

The markets had factored in an 8-10% hike on cigarettes; besides, close to 50% of ITC's revenues now come from non-tobacco products

ITC extends rally; surges over 15% from 52-week low

The stock was up 8% at Rs 319, rallied 19% from its 52-week low of Rs 268 touched on Monday in intra-day trade.

ITC, Maruti Suzuki, TCS, Wipro, HDFC Bank, Cipla hit 52-week low

ACC, Ambuja Cements, Nestle India, Thermax and Tech Mahindra are from 73 stocks from BSE500 index hit 52-week lows.