ITC's agri business was up 10.77 per cent to ₹3,626.01 crore in the December quarter, led by leaf tobacco and value-added agri products such as coffee, spices, etc. ITC's revenue from ...

The last change in tobacco taxation occurred in 2023, resulting in a 2% increase in tax per stick, and ITC is expected to ...

Axis Securities believes raising of excise duty or NCCD duty on cigarettes and tobacco products will have a bearing on cigarette players such as ITC, Godfrey Phillip and VST Industries.

Brokerage firm Nuvama is cautious on ITC in the near-term ... the same trend and it has seen a robust performance “aided by tobacco leaf and traded commodities exports; provides strategic ...

As per the brokerage, ITC has emerged as a winner with no increase in tobacco tax. Further Jefferies held that stable tax regime improves earnings visibility for the company. GST rates are also likely ...

Keeping with its trend of appointing young executives in key roles, ITC has appointed 49-year-old Sandeep Kaul as chief executive of the cigarette business. IIM-Ahmedabad alumnus, Kaul has played ...