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ITC Q1 preview: Low base, cigarette business to spur revenue, profit growth


ITC Q1 preview: Unlike its lacklustre stock performance at the bourses since the past one year, ITC is likely to post a strong show in the June 2021 quarter (Q1FY22) when it posts its results on Saturday, July 24, helped by a low base and recovery in cigarettes sales, say analysts. They eye a solid double-digit profit and revenue growth on a yearly basis, although the quarter-on-quarter (QoQ) performance could disappoint.
During the quarter ended June, shareholders lost over 7 per cent of their wealth parked in ITC whereas Nifty50 offered 7 per cent returns during the same period.
The company has been in the news recently on account of government s plans to offload its stake held via Specified Undertaking of the Unit Trust of India (SUUTI), higher dividend to the parent company (BAT) and the company suing a blogger for defamation. ....

Motilal Oswal Financial Services , Unit Trust Of India , Specified Undertaking , Unit Trust , மோட்டிலால் ஒசுவள் நிதி சேவைகள் , அலகு நம்பிக்கை ஆஃப் இந்தியா , குறிப்பிடப்பட்டுள்ளது மேற்கொள்வது , அலகு நம்பிக்கை ,

NMDC's Rs 3,600-cr share sale fully subscribed, most bids come in at Rs 166

NMDC's Rs 3,600-cr share sale fully subscribed, most bids come in at Rs 166
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.

Axis Bank , Unit Trust Of India , Specified Undertaking , Unit Trust , அச்சு வங்கி , அலகு நம்பிக்கை ஆஃப் இந்தியா , குறிப்பிடப்பட்டுள்ளது மேற்கொள்வது , அலகு நம்பிக்கை ,