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Business Insider Latest Story Image
7 mins read

ITC stock scales 52-week high as brokerages hike target price

Shares of ITC on Monday scaled a new 52-week high as its robust third quarter performance was cheer…

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4 mins read

Brewing gains: Alcohol as well as cigarette stocks on a high

Shares in Indian tobacco and alcohol companies have thrived, buoyed by demand growth and enforcemen…

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3 mins read

ITC’s net up 33% in Q1 on a strong show in cigarette, hotel, agri segments

ITC’s net profit for April-June quarter grew by 33% to ₹4,389 crore as compared to ₹3,276 crore in …

Business Insider Latest Story Image
6 mins read

Nifty50 set to clock 10% increase in profit in Q3; banks likely to outperform

Yet another earnings season has begun, as always, with IT services companies reporting a mixed set …

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6 mins read

Textiles, cigarette makers and other stocks that have rallied since the budget

These include textile stocks like Ambika Cotton Mills and Bombay Dyeing, cigarette makers like I…

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2 mins read

Smokers alert — cigarette prices in India may rise even further

The price of cigarettes has risen significantly in recent months, but that has not deterred the cou…

Business Insider Latest Story Image
6 mins read

Is smoking weed bad for your heart? What the research says about cannabis use and heart health

Research is still developing, but studies have found that cannabis use may increase your risk of he…

MK Manoylov,John Osborne   


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2 mins read

The cigarettes-crunch during the long lockdown is likely to force people to cut down – but those who continue will end up paying more

For smokers, the lockdown has brought in one too many challenges. From dealing with the constant st…

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2 mins read

Fuel prices at record high: Petrol crosses ₹85 in Delhi, diesel above ₹75

Petrol and diesel prices rose again by 25 paise per litre each on Tuesday after oil marketing compa…

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4 mins read

Gold and silver jewellery to get a lot more expensive

Jewellery is set to get a lot more expensive, as customs duty on precious metals, articles of gold,…

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4 mins read

ITC has had a dream run in FY23 and here’s why there’s more juice left in the stock

India’s largest cigarette manufacturer ITC has had a dream run in FY23, with its stock going up by …

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6 mins read

Indian government’s budget dilemma – curb the sale of cigarettes or let the over $12 billion tobacco industry provide the much needed cash

The Indian government has proposed several changes to the Cigarettes and Other Tobacco Products …

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3 mins read

'Sin taxes' are meant to push people away from booze and cigarettes, but they mostly hit those who can least afford to pay

Just 10% of US households account for 80% of sin tax revenue, according to an NBER paper. Many of t…

Ben Winck   


Business Insider Latest Story Image
5 mins read

ITC’s marketcap is back to ₹4 lakh crore after a 5-year gap

Shares of Kolkata-based FMCG-to-cigarette conglomerate have surged 47% in 2022 led by strong financ…

Business Insider Latest Story Image
2 mins read

Anger in S Africa as government reneges on sale of cigarettes during lockdown

"This was promoted by more than 2,000 public comments saying that they were opposed to the sale of …

PTI   


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7 mins read

Nykaa vs ITC memes are hilarious but it may not be the right comparison

Social media is buzzing with memes asking why Nykaa, a fashion retailer with an annual profit of ₹6…

Business Insider Latest Story Image
2 mins read

Tobacco farmers' body urges govt for 'pragmatic' approach on cigarette taxation

He further said the hike in NCCD was unexpected as several representations were made to the govern…

PTI   


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3 mins read

Top stocks to watch — ITC, Biocon, Tata Consumer, Cipla, Divi’s Labs, Voltas, IndiaMART, Equitas SFB, and others

Indian stock-market indices are likely to open in green on Monday, on the back of positive cues fro…

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3 mins read

ITC to feel the lockdown pain in cigarettes and hotels business - FMCG may be the silver lining in first quarter earnings

After Britannia, and HUL, FMCG major ITC is all set to declare its first-quarter earnings for 2020-…

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6 mins read

Investment experts are bullish on ITC's 'new value driver' — despite the 30% fall in share price this year

The shares of ITC, a tobacco and FMCG major, have been underperforming the market for a while now, …