News for '-itc'

Sensex, Nifty end flat in volatile trading

Sensex, Nifty end flat in volatile trading

Rediff.com21 Apr 2023

Among the Sensex firms, ITC, Tata Consultancy Services, Wipro, Asian Paints, HCL Technologies, HDFC, Kotak Mahindra Bank, Bajaj Finance, Infosys, Sun Pharma, Hindustan Unilever, Power Grid, Reliance Industries and HDFC Bank were the winners. HCL Technologies climbed 1 per cent after the company on Thursday posted a 10.85 per cent increase in consolidated net profit to Rs 3,983 crore for the fourth quarter of 2022-23. Tech Mahindra, Maruti, Tata Steel, UltraTech Cement, Tata Motors and ICICI Bank were among the laggards.

ITC arm to hold 'royal weddings' for NRIs

ITC arm to hold 'royal weddings' for NRIs

Rediff.com10 Jan 2003

Wishing to arrange a wedding in India in a royal way with a procession of vintage cars, liveried guards, horses with lancers and ornate ceremonies in the style of the Maharajas in heritage palaces? A travel company offers it all.

Sensex up 234 points on buying in RIL, IT stocks

Sensex up 234 points on buying in RIL, IT stocks

Rediff.com22 May 2023

Among the Sensex firms, Tech Mahindra, Wipro, Infosys, Tata Consultancy Services, HCL Technologies, Larsen & Toubro, ITC, Sun Pharma, NTPC and Titan were the major gainers. Nestle, Axis Bank, Tata Motors, ICICI Bank, HDFC Bank and Bharti Airtel were the laggards.

After Maggi, regulator orders testing of GSK, ITC fast food brands

After Maggi, regulator orders testing of GSK, ITC fast food brands

Rediff.com8 Jun 2015

Other noodle, pasta brands in scanner after Maggi.

Markets end in red; Sensex sheds 139 points in volatile trade

Markets end in red; Sensex sheds 139 points in volatile trade

Rediff.com23 Feb 2023

In the Sensex pack, Asian Paints, Larsen & Toubro, Titan, IndusInd Bank, Bharti Airtel, Power Grid, Bajaj Finserv, Infosys, HDFC Bank and HDFC were the major laggards. On the other hand, Axis Bank, Tata Motors, ITC, State Bank of India, Tata Steel and Sun Pharma were among the gainers.

Markets end in green; Sensex jumped 361 points

Markets end in green; Sensex jumped 361 points

Rediff.com27 Dec 2022

Equity benchmarks Sensex and Nifty closed with gains on Tuesday, following a firm trend in the global markets. Extending its previous day's rally, the 30-share BSE Sensex jumped 361.01 points or 0.60 per cent to settle at 60,927.43. During the day, it rallied 420.26 points or 0.69 per cent to 60,986.68.

Sensex gains 30 pts; RIL, ITC up 3%

Sensex gains 30 pts; RIL, ITC up 3%

Rediff.com22 Aug 2003

The Sensex opened with a huge positive gap of 52 points at 4,147. It is holding gains above 4,100 and is up 25 points at 4,120.

Markets jump over 1%; Sensex ends up 721 points

Markets jump over 1%; Sensex ends up 721 points

Rediff.com26 Dec 2022

From the Sensex pack, State Bank of India, IndusInd Bank, Bajaj Finserv, Tata Steel, ITC, Axis Bank, HDFC Bank, UltraTech Cement, NTPC and Tata Motors were the major winners. Nestle, Kotak Mahindra Bank, Bharti Airtel, HCL Technologies and Hindustan Unilever were the laggards.

Hotel stocks have more room for an upside; buy selectively: Analysts

Hotel stocks have more room for an upside; buy selectively: Analysts

Rediff.com2 Aug 2023

The move to demerge the hotel business into a separate entity by ITC has brought back focus on hotel stocks, which have already seen a good run thus far in fiscal 2023-24 (FY24). Analysts believe there could be more gains in store over the next one year for the stocks in this sector, but suggest investors put in money on a correction only from a long-term perspective. Hotel stocks, according to A K Prabhakar, head of research at IDBI Capital, have seen a good run as travel picked up post Covid in India. Not only have the room rents increased, the occupancy, too, has surged.

Delhi excise scam: ED to probe its own officials

Delhi excise scam: ED to probe its own officials

Rediff.com29 Aug 2023

The Enforcement Directorate (ED) is expected to press money laundering charges against its two officers and some private individuals who were recently booked by the CBI in a bribery case linked to an accused arrested in the alleged Delhi liquor policy scam, official sources said Tuesday.

Markets end in red; Lupin slumps 9%, ITC up 2%

Markets end in red; Lupin slumps 9%, ITC up 2%

Rediff.com20 May 2016

A mixed global trend and weakness in rupee influenced the sentiments during the day.

Nifty FY24 earnings growth to outperform most Asian peers: Jefferies

Nifty FY24 earnings growth to outperform most Asian peers: Jefferies

Rediff.com23 Jun 2023

Nifty50's earnings growth, estimated at 20 per cent by global research and brokerage firm Jefferies for financial year 2023-24 (FY24), will be amongst the top three in the Asian region, and is likely to outperform peers. Asean 40 index with 29.1 per cent estimated earnings growth and Straits Times Index (STI) with 29.1 per cent estimated earnings growth are the only two other indices in the Asian region that are likely to outperform India, suggests the recent Jefferies report, coauthored by Mahesh Nandurkar, their managing director along with Abhinav Sinha and Nishant Poddar.

Sensex gains 318 points to settle at 62,346

Sensex gains 318 points to settle at 62,346

Rediff.com15 May 2023

Benchmark indices Sensex and Nifty gained around half a per cent to close at nearly five-month high levels on Monday following continuous foreign fund inflows and firm trends in Asian and European markets. Rising for a second straight day, the 30-share BSE Sensex climbed 317.81 points or 0.51 per cent to settle at 62,345.71, the highest closing level since December 14. During the day, it rallied 534.77 points or 0.86 per cent to 62,562.67.

Sensex gains 235 points; Nifty nears 18K

Sensex gains 235 points; Nifty nears 18K

Rediff.com12 Apr 2023

Among the Sensex firms, Infosys, Tata Motors, HDFC Bank, Asian Paints, Tech Mahindra, HDFC, Tata Consultancy Services, Sun Pharma and ICICI Bank were the biggest winners. On the other hand, PowerGrid, NTPC, Nestle, UltraTech Cement, State Bank of India and ITC were among the laggards.

Sensex pares early gains; ends down 304 points

Sensex pares early gains; ends down 304 points

Rediff.com5 Jan 2023

From the Sensex pack, Bajaj Finance tanked 7.21 per cent. The other major laggards were Bajaj Finserv, ICICI Bank, Infosys, Titan, Power Grid, Axis Bank, HDFC Bank, Tech Mahindra, Wipro and Bharti Airtel. ITC, Hindustan Unilever, NTPC, Mahindra & Mahindra, Nestle and Larsen & Toubro were the major winners.

From Hindustan Unilever to Britannia, FMCG stock rally skates on thin ice

From Hindustan Unilever to Britannia, FMCG stock rally skates on thin ice

Rediff.com5 Sep 2023

Over the past year, the National Stock Exchange Nifty FMCG Index, which tracks the market capitalisation of the top 15 companies in the fast-moving consumer goods (FMCG) sector, has surged by 17.3 per cent. In contrast, the Nifty50, a broader market index, has witnessed an 8.8 per cent increase during the same period. The FMCG stocks have also been rally leaders in the current calendar year.

Markets climb nearly 1%; Sensex ends up 468 points

Markets climb nearly 1%; Sensex ends up 468 points

Rediff.com19 Dec 2022

From the Sensex pack, Mahindra & Mahindra, Power Grid, Bharti Airtel, Bajaj Finserv, HDFC, Hindustan Unilever, Maruti, ITC, Titan, Nestle, Bajaj Finance and Reliance Industries were the major winners.

Markets rally for 2nd day on foreign fund inflows, buying in HDFC twins

Markets rally for 2nd day on foreign fund inflows, buying in HDFC twins

Rediff.com18 Jan 2023

Equity benchmarks extended their rally for the second straight session on Wednesday amid buying in index heavyweights HDFC twins and foreign funds inflows. Recovery in most of the Asian markets and positive start in European equity exchanges also added to the momentum. The 30-share BSE Sensex climbed 390.02 points or 0.64 per cent to settle at 61,045.74.

ITC posts Rs 3235.10-million Q3 net

ITC posts Rs 3235.10-million Q3 net

Rediff.com17 Jan 2003

ITC Ltd has posted a net profit of Rs 3235.10 million for the quarter ended December 31, 2002 as compared to Rs 2656.30 million in the quarter ended December 31, 2001.

Markets settle with marginal gains in volatile trade

Markets settle with marginal gains in volatile trade

Rediff.com20 Apr 2023

Among the Sensex firms, Asian Paints, NTPC, Tata Motors, Bharti Airtel, State Bank of India, Larsen & Toubro, Wipro, Tech Mahindra, Tata Consultancy Services, ITC, HDFC Bank and Maruti were the biggest winners. Hindustan Unilever, Infosys, UltraTech Cement, Bajaj Finance, Nestle, Axis Bank, Reliance Industries and HDFC were among the laggards.

ITC beats expectations, Q2 net profit up 26 pc

ITC beats expectations, Q2 net profit up 26 pc

Rediff.com24 Oct 2009

ITC, the cigarettes-to-hotels conglomerate, has recorded a 26 per cent increase in net profit at Rs 1,009 crore in the quarter ended September 30, from Rs 802 crore in the same period last year, led by revenue growth in almost all its businesses, except hotels. Net income grew 18 per cent to Rs 4,345 crore, up from Rs 3,682 crore in the same quarter last year.

ITC Hotels Q3 at Rs 2.94 cr

ITC Hotels Q3 at Rs 2.94 cr

Rediff.com20 Jan 2003

ITC Hotels Ltd has posted a net profit of Rs 29.40 million for the quarter ended December 31, 2002 as compared to a net loss of Rs 36.50 million in the quarter ended December 31, 2001.

Losses in index majors drag Sensex, Nifty down

Losses in index majors drag Sensex, Nifty down

Rediff.com20 Jan 2023

From the Sensex pack, Hindustan Unilever, Asian Paints, Bajaj Finance, Nestle, Bajaj Finserv, Reliance Industries, Larsen & Toubro, Maruti, Infosys and Bharti Airtel were the major laggards.

ITC, Marico, HUL ready to take a bigger bite from the FMCG pie

ITC, Marico, HUL ready to take a bigger bite from the FMCG pie

Rediff.com5 Sep 2014

But return on equity deteriorated for 7 of the 12 firms analysed.

Sensex ends down 251 points; IT, bank stocks top drags

Sensex ends down 251 points; IT, bank stocks top drags

Rediff.com13 Feb 2023

SBI was the biggest loser in the Sensex pack, tumbling 2.83 per cent, followed by Infosys, TCS, Bajaj Finance, Tech Mahindra, Wipro and Axis Bank. In contrast, Titan, L&T, NTPC, Power Grid, Sun Pharma, ITC and HDFC twins were among the prominent winners, rising as much as 1.97 per cent.

Recovery of duty from ITC is 'loot', says BJP

Recovery of duty from ITC is 'loot', says BJP

Rediff.com7 Feb 2005

But the finance ministry has justified the action saying laws can be amended retrospectively through 'validating legislation,' which is legally permissible.

Oil, banking stocks drag markets down

Oil, banking stocks drag markets down

Rediff.com12 Jan 2023

Benchmark stock indices Sensex and Nifty closed with losses in a choppy trade on Thursday as investors preferred a cautious approach ahead of inflation and industrial production data to be released later in the day. Unabated foreign fund outflows also hit the investor sentiment. The 30-share BSE Sensex declined by 147.47 points or 0.25 per cent to settle at 59,958.03.

Sensex, Nifty close marginally higher in range-bound trade

Sensex, Nifty close marginally higher in range-bound trade

Rediff.com12 Jun 2023

From the Sensex pack, Infosys, HCL Technologies, Infosys, NTPC, Mahindra & Mahindra, Tata Consultancy Services, Nestle, Tech Mahindra and Bajaj Finance were the major gainers. Power Grid, Larsen & Toubro, Maruti, Titan, HDFC Bank, Wipro, HDFC and ITC were among the laggards.

Sensex settles at 59,689; Nifty jumps 159 points

Sensex settles at 59,689; Nifty jumps 159 points

Rediff.com5 Apr 2023

Among the Sensex stocks, Larsen & Toubro rose the most by 3.96 per cent after the company announced a major project win in the Middle East. HDFC, HDFC Bank, Sun Pharma, ITC, HUL, Titan, TCS, HCL Tech, Asian Paints, Bajaj Finance, Infosys and Tata Steel were among the major gainers.

ITC Hotels Q4 profit after tax at Rs 4.32 cr

ITC Hotels Q4 profit after tax at Rs 4.32 cr

Rediff.com15 May 2003

ITC Hotels Limited on Thursday said its profit after taxation almost doubled to Rs 4.32 crore for the last quarter ended March, 2003 from Rs 2.21 crore in the corresponding quarter of previous fiscal.

Markets rebound; Sensex surges 556 points

Markets rebound; Sensex surges 556 points

Rediff.com4 May 2023

From the Sensex firms, Bajaj Finance, HDFC, HDFC Bank, Bajaj Finserv, Asian Paint, State Bank of India, Tata Consultancy Services, Bharti Airtel, Reliance Industries and Tata Steel were the biggest gainers. HDFC climbed 2.59 per cent after the housing finance major on Thursday reported a 20 per cent growth in standalone net profit to Rs 4,425 crore for the quarter ending March 2023 on the back of higher interest income. IndusInd Bank, Nestle, Power Grid, ITC, Tata Motors and Mahindra & Mahindra were the major laggards.

Markets retreat from record highs; Sensex falls 216 pts

Markets retreat from record highs; Sensex falls 216 pts

Rediff.com19 Jun 2023

Kotak Mahindra Bank was the biggest loser from the Sensex pack, skidding 1.83 per cent, followed by Axis Bank, NTPC, Hindustan Unilever, ICICI Bank, Bharti Airtel, Reliance Industries, HCL Technologies, IndusInd Bank and Nestle. In contrast, Bajaj Finance, Bajaj Finserv, Tech Mahindra, Tata Consultancy Services, Titan, Infosys, HDFC Bank, HDFC and ITC were the gainers.

Sensex jumps 474 points to settle at fresh all-time closing high of 67,572

Sensex jumps 474 points to settle at fresh all-time closing high of 67,572

Rediff.com20 Jul 2023

ITC was the biggest gainer in the Sensex pack, rising nearly 3 per cent, followed by Kotak Mahindra Bank, ICICI Bank, Maruti, Bharti Airtel, State Bank of India, Sun Pharmaceutical Industries, Axis Bank, Reliance Industries, Hindustan Unilever and JSW Steel. On the other hand, Infosys, UltraTech Cement, HCL Technologies, Bajaj Finserv, Larsen & Toubro, Titan, Tata Consultancy Services and Wipro were the laggards.

Factors that will drive the markets this week

Factors that will drive the markets this week

Rediff.com14 May 2023

Domestic stock markets would be driven by inflation numbers, global trends, and the last batch of Q4 earnings this week, analysts said. Markets will also react to industrial production data and consumer inflation numbers that were released after market hours on Friday. "Participants will react to macroeconomic data viz. IIP and CPI first, which were released post-market hours on Friday.

Sensex rises over 120 points on fag-end buying

Sensex rises over 120 points on fag-end buying

Rediff.com8 Mar 2023

IndusInd Bank was the biggest gainer on the Sensex chart, rising 4.75 per cent, followed by M&M, L&T, NTPC, ITC, Ultra Cement, Tata Steel, Maruti and SBI. In contrast, Bajaj Finance, Tech Mahindra, Infosys and Sun Pharma were among the losers, shedding up to 2.30 per cent.

RIL, banking stocks drag Sensex down 632 points

RIL, banking stocks drag Sensex down 632 points

Rediff.com10 Jan 2023

From the Sensex pack, Bharti Airtel, State Bank of India, HDFC Bank, UltraTech Cement, Bajaj Finance, HDFC, NTPC, ITC, Reliance Industries, Tech Mahindra, ICICI Bank and Tata Consultancy Services were the major laggards. Tata Motors, Power Grid, Tata Steel, Hindustan Unilever, IndusInd Bank and Mahindra & Mahindra were among the winners from the 30-share pack.