ITC share gains over 4% to hit 52-week high; to pay Rs 6.25 dividend
May 19, 2022, 10:06 AM ISTITC shares price hit a fresh 52-week high of Rs 279 on the NSE on Thursday. ITC has announced to pay a dividend of Rs 6.25.
ITC shares price hit a fresh 52-week high of Rs 279 on the NSE on Thursday. ITC has announced to pay a dividend of Rs 6.25.
ITC has also proposed to subscribe to 16% of the share capital of Mother Sparsh which plans to scale-up revenues to Rs 300 crore over the five years.
Welcomhotel Tavleen Chail has 65 well-appointed guest rooms, including 18 cottages and a luxury suite, ITC Hotels said in a statement. This launch follows the inauguration of Welcomhotel Shimla about six months ago
ITC Dividend 2021: ITC Limited has declared a final dividend of Rs 5.75 per share. The company has fixed June 11 as the record date.
ITC Ltd has reported a consolidated net profit of Rs 3,816. 84 crore for the fourth quarter ended March 2021.
ITC's focus on increasing confidence in the FMCG turnaround will be another important catalyst for stock outperformance over the medium term.
After ITC Demerger, there would emerge as many as three companies namely hotels, FMCG and infotech.
ITC board has recommended an interim dividend of Rs 5 per share for FY 2020-21.
Diversified business entity ITC on Friday said it is considering merger of its three wholly-owned subsidiaries - Sunrise Foods, Hobbits International Foods and Sunrise Sheetgrah - with itself.
The Madras High Court has made it clear that laudatory expressions like 'Magic Masala' and 'Magical Masala' cannot be monopolised and use of similar expressions would not amount to passing off under the Trademark Act.
ITC Ltd has entered into a share purchase agreement (SPA) to acquire 100 per cent of the equity share capital of Sunrise Foods Private Limited (SFPL), a company primarily engaged in the business of spices.
Market leader ITC increased cigarette prices by 10-20 per cent across some of its brands in all of its markets, following the hike in the National Calamity Contingency Duty (NCCD) announced in the Union Budget this year.
The Union Budget for 2020-21 has levied a national calamity contingent duty (NCCD) on cigarettes and tobacco products which is negative for companies like ITC and Godfrey Phillips, according to Reliance Securities.
Deveshwar (72), who stepped down from the executive role as chairman and CEO in 2017 but remained as a non-executive chairman, breathed his last at a private hospital in Gurugram.
The market cap of Tata Consultancy Services (TCS) zoomed Rs 12,007.64 crore to Rs 7,74,023.16 crore and that of HDFC Bank advanced by Rs 8,569.51 crore to Rs 5,77,598.58 crore.
Shares of ITC fell sharply, losing over 15 per cent, following the GST Council's decision to hike the compensation cess on cigarettes
Country’s biggest cigarette maker ITC Ltd has named COO Sanjiv Puri its Chief Executive Officer (CEO) with effect February 5, when chairman YC Deveshwar will move to a non-executive role.
New Delhi: In a move that puts to rest speculation over the retirement of one of India's longest-serving company bosses, ITC chairman Y C Deveshwar will step aside from his executive role, the company said
India’s biggest cigarette manufacturer, the ITC Ltd. today said it had resumed production at its plants with larger pictoral health warnings as mandated by the new rules of the government.
New Delhi: Diversified group ITC on Sunday said there is “progressive resumption” of production at its cigarette factories, which was suspended from May 4 over the large pictorial warning issue. “The cigarette factories are commenci
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