Page 3 - Itc Share News Today

ITC shares vs HUL shares: ITC shares hit an all-time high of Rs 405.5 in early trade today against the previous close of Rs 400.30 on BSE. HUL shares have gained after three days of fall. At 12:17 pm, the stock was trading 0.16% higher at Rs 2497.

ITC Ltd, the cigarette-to-hotels conglomerate, has now become the seventh-largest Indian company in terms of market capitalisation, overtaking housing finance major HDFC. ITC's market cap touched Rs 5.05 trillion as the stock hit a 52-week intraday high of Rs 407.60. The recent growth is due to various factors such as ITC benefitting from stable commodity prices, a favourable tax regime, and rising consumer demand. Brokerages Motilal Oswal and HDFC Securities Institutional Research Desk hav...

ITC’s market capitalisation (market-cap) is now seen inching towards the Rs 5 trillion mark after a sharp upward movement in the stock

For Wednesday, Ganesh Dongre, Senior Manager - Technical Research at Anand Rathi expects Nifty to find support at 17300/17350 with resistance between 18050/18100. While the Bank Nifty index is seen to have support in the range of 40300/40500 with resistance at 41500/41600.

Shares of FMCG major ITC will remain unaffected from the amendment to the GST Compensation Cess Schedule passed by the Lok Sabha late last week, said JM Financial in its report. The schedule has been seen as a prelude to a possible government action on cigarette taxation, which has been fairly steady and reasonable over the last few years.

ITC was underperforming between July 2017 and March 2020, but it has finally started to catch up and is outperforming the FMCG pack.

Itc Share/Stock Price Today: Check Itc Live NSE/BSE, Historic price charts. Read Itc news, profit & loss account, buy-sell, announcements, financial report, company information, annual report, balance sheet, results at Mint

The Kolkata-headquartered company's gross revenue stood at Rs. 16,971 crore representing a growth of 27.1 per cent year-on-year (YoY). EBITDA came out at Rs 5,864 crore, up by 27.1 per cent YoY.

ITC vs HUL: While HUL has clocked returns of 10 per cent, the defensive ITC stock turned the tables and delivered 52.43 per cent returns in 2022.

The stock of ITC has proved to be a dark horse this year. The FMCG share, termed as a defensive and safe bet for long, has surged 50 per cent in 2022. Shares of ITC, which closed at Rs 218 on December 31 climbed to a record high of Rs 330.55 level today, translating into a gain of 51.62 per cent during the period. Before the ongoing rally, ITC stock had been in a consolidation mode. It stood at Rs 216 on December 11, 2020. In fact, the stock closed at Rs 208 on February 24 this year, the day ...