ITC Records Block Trade of ₹24.81 Crore on NSE at ₹283.70 Per Share
ITC recorded a block trade on the NSE involving approximately 874563 shares at ₹283.70 per share, with the total transaction valued at ₹24.81 crore. Block trades of this scale are typically associated with institutional-level participation in the market.
24Jul 26
ITC Records ₹15.94 Crore Block Trade on NSE at ₹283.60 Per Share
ITC recorded a block trade on the NSE involving approximately 562057 shares at a price of ₹283.60 per share. The total value of the transaction amounted to ₹15.94 crore. Block trades of this scale are typically associated with institutional or bulk participants and are reported separately on the exchange platform.
23Jul 26
ITC Records ₹56.08 Crore Block Trade on NSE at ₹280.05 Per Share
ITC recorded a block trade on the NSE worth ₹56.08 crore, involving approximately 20,02,612 shares at a price of ₹280.05 per share. Such large-volume transactions are typically associated with institutional investor activity. The trade was executed on the National Stock Exchange and reported as a block deal.
23Jul 26
ITC Targets Expansion with 4 Additional Open Sky Controlled Agriculture Clusters
ITC has announced plans to create 4 more Open Sky Controlled Agriculture Clusters, reflecting its strong agricultural orientation. Approximately 94% of the company's operations are related to agriculture crops and plantations, making agriculture a central component of its business. The expansion of these clusters is aimed at advancing controlled farming practices and deepening ITC's engagement with the agricultural sector.
02Jul 26
ITC Expands Into Cola Market With New Coconut Cola, Targets Premium Segment Via Quick Commerce Platforms
ITC is entering the cola beverage market with a new Coconut Cola product, targeting the premium consumer segment. The product is set to launch first on quick commerce platforms, leveraging rapid-delivery channels for its initial rollout. The move is part of ITC's broader strategy to diversify and innovate within its FMCG beverages portfolio. The Coconut Cola aims to carve out a distinct niche by combining cola with coconut, appealing to evolving consumer tastes.
ITC Plans to Raise Cigarette Pack Prices by 8-10%: ET Now
ITC is planning to raise prices of its cigarette packs by 8-10%, as reported by ET Now. The price hike represents a significant upward revision in the company's cigarette portfolio pricing. No further details on the timeline or specific product categories were available in the source data.
ITC Ltd. Records Rs. 29.10 Crores Block Trade on NSE at Rs. 277.15 Per Share
A block trade in ITC Ltd. was executed on the NSE involving approximately 1,049,934 shares at Rs. 277.15 per share. The total transaction value stood at Rs. 29.10 crores. Such block trades are characteristic of institutional-level activity and are conducted outside the standard market order book to limit price disruption.
ITC's Agri Operations Revenue Declines in Q4 on Deferred Sales Amid West Asia Conflict; Cigarette Tax Hike Poses Risk to Tobacco Segment
ITC's Agri Operations segment recorded a revenue decline in Q4, with the company attributing the shortfall to deferred sales arising from the West Asia conflict. Separately, ITC has cautioned that increased cigarette taxes could negatively impact tobacco industry revenue. These developments point to near-term challenges in both the agri and tobacco segments of the company's diversified business.
ITC Cigarette Sales Fall 20% in April-May as Price Hikes Weigh on Demand
ITC is experiencing a 20% drop in cigarette sales during April-May, with dealers attributing the decline to recent price increases across its portfolio. This includes the Gold Flake Superstar brand, whose retail price was revised upward from ₹70 to ₹79, reflecting broader demand sensitivity to price hikes in the Indian cigarette market.
ITC Plans Production Capacity Expansion for Luxury Chocolate Brand Fabelle
ITC has announced plans to increase production capacity for its luxury chocolate brand Fabelle over the next 15-18 months. This expansion initiative demonstrates the company's commitment to strengthening its position in the premium confectionery market and supporting growing demand for luxury chocolate products.
10Apr 26
Cigarette Sales Drop Sharply In East India During Mar-Apr, Affecting ITC
The East Indian cigarette market faced sharp sales declines during March-April, with volumes dropping 3%-5% in March and continuing to deteriorate in April. This regional downturn particularly affected major industry players ITC and Godfrey Phillips, highlighting sustained market pressures in one of India's key tobacco consumption areas.
ITC Ltd Records ₹16.62 Crore Block Trade on NSE at ₹293.10 Per Share
ITC Ltd recorded a notable block trade on NSE worth ₹16.62 crores, involving 567,029 shares at ₹293.10 per share. The transaction highlights institutional activity in the stock and provides insights into large investor sentiment. Block trades typically facilitate substantial share movements without disrupting regular market trading patterns.
Leading brokerages present divergent views on ITC following significant cigarette tax increases, with Goldman Sachs reducing target price to Rs 330 due to insufficient price hikes to offset duties, Morgan Stanley maintaining Rs 346 amid volume decline risks, and UBS staying optimistic at Rs 395 based on the company's three-pronged strategic response to protect volumes and margins.