BAT may exit ITC hotels business post demerger
There is no strategic intent from BAT to be a minority shareholder of a hotel company in the Indian market, said BAT CEO Marroco
Source: moneycontrol.com
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ITC | ITC records 6.4% rise in profit after tax at Rs 5,406.52 crore in third quarter
While the lower tax propped up profit, revenue from operations inched up by 2.4 per cent to Rs 19,484.5 crore from Rs 19,020.65 crore
Source: telegraphindia.com
ITC shares at Rs 535? Stock price targets, Q3 hits & misses, dividend, analyst views & more
ITC Q3 results: Nuvama Institutional Equities said it liked the hotel business performance as the segment posted its best-ever quarter with segment revenue up 18 per cent YoY and Ebitda margin of 36.2 per cent
Source: businesstoday.in
ITC stocks: Buy ITC, target price Rs 515: Motilal Oswal
ITC Ltd., incorporated in the year 1910, is a Large Cap company (having a market cap of Rs 556911.17 Crore) operating in Tobacco sector.
Source: indiatimes.com
ITC Q3 results today: What to expect from the flour-to-cigarette maker?
ITC Ltd is set to release its earnings for the December quarter today. Investors will be focusing on the performance of the cigarette business, FMCG vertical, and hotels segment. Steady volume growth in cigarettes and non-cigarette FMCG, along with strong traction in hotels, is expected to support the conglomerate's quarterly performance. However, the agri and paper and paperboards businesses are likely to have been sluggish, potentially impacting overall revenue growth.
Source: indiatimes.com