Background: Roll-your-own (RYO) cigarettes are often substantially less expensive than factory made (FM) cigarettes, and appear to be increasing in popularity—perhaps because smokers seek out less ...
ITC is all set to announce its fiscal third quarter ... the same trend and it has seen a robust performance “aided by tobacco leaf and traded commodities exports; provides strategic sourcing ...
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.
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 ...
The last change in tobacco taxation occurred in 2023, resulting in a 2% increase in tax per stick, and ITC is expected to offset this impact with a 3-4% product price hike, said Jefferies. Check ...
leaf tobacco, wood, and packaging witnessed a sharp cost escalation during the quarter. In the December quarter, revenue from the gross sale of ITC products and services was ₹20,140.15 crore ...
ITC, Godfrey Phillips, and VST Industries shares are poised for gains as excise duties on cigarettes remain unchanged in the ...
ITC has signed agreements to acquire Prasuma, a company in India's frozen, chilled, and ready-to-cook foods market. Prasuma specializes in products like momos, baos, Korean fried chicken ...
ITC Hotels Ltd. has been excluded from the 30-pack BSE Sensex, along with 22 other BSE indices, on February 5, before trading for the day kicked off on February 5, 2025. “As ITC Hotels did not ...
Diversified conglomerate ITC is increasing its bet on the rapidly growing frozen foods market. The Kolkata-based entity, which has been in the ready-to-cook (RTC) segment since 2019, has taken the ...
ITC Hotels is set to make its stock market debut as a standalone entry on the NSE and BSE soon. As of the latest development, after the demerger from ITC, ITC Hotels has completed all necessary ...
ITC Hotels Ltd is set to expand internationally following its demerger from parent company ITC, with initial focus on neighbouring countries and West Asia, announced Chairman and Managing Director ...