Bull run shows ITC is still a cigarette stock

The status quo on taxes on cigarettes over the last four years has seen their sales drive the company’s profits, outstripping the contribution of its FMCG business.

10 May, 20237 min
0
Bull run shows ITC is still a cigarette stock

You may also like

Internet
Story image

The Prasuma playbook: build slow, build well, sell right

Co-founder Lisa Suwal talks about how she scaled a family deli-meat business without a single rupee of venture capital and her decision to sell to ITC.

Business
Story image

An uneventful Reliance AGM that could not have been otherwise

Everyone seems to be disappointed with the company’s annual general meeting. With hands full and businesses that need further nurturing, this was not the time for big-bang announcements. And so it was.

Business
Story image

HUL’s rural moat is fast shrinking

The panacea for the FMCG giant’s tepid growth lies in small-town and rural India. But that’s also shaping up as the new battleground for competitors looking to challenge its dominance.