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ITC

Markets halt bullish run; Sensex plunges over 363 points, ITC share nosedives 15%

Stay tuned here for latest updates on of Indian markets, including BSE Sensex, NSE Nifty, Indian rupee and MCX gold.

Eight of top 10 companies add Rs 93,225 crore in m-cap, ITC shines

Eight of top 10 companies add Rs 93,225 crore in m-cap, ITC shines

The combined market valuation of eight of the 10 most valued Indian companies rose by a whopping Rs 93,225.53 crore last week, with ITC stealing the show with maximum gains.

ITC stock up 3%, m-cap surges Rs 10,872 crore post Q4

Shares of ITC on Friday rose by 3 percent, adding Rs 10,872 crore to its market valuation, after the company reported a 12.13 percent increase in standalone net profit for the fourth quarter of 2016-17.

Investor wealth surges over Rs 50 lakh crore in 3 years

Investor wealth surges over Rs 50 lakh crore in 3 years

Investor wealth has surged by over Rs 50 lakh crore since the Modi government was voted to power three years ago, with the Sensex surging to its lifetime high of 31,074.07 on Friday.

ITC Q4 net profit up 12% to Rs 2,669.47 crore

Diversified firm ITC on Friday reported 12.13 percent increase in standalone net profit to Rs 2,669.47 crore for the fourth quarter of 2016-17.

Sensex, Nifty rise as FMCG stocks rally

Sensex, Nifty rise as FMCG stocks rally

The benchmark BSE Sensex rose further by 106 points following a rally in FMCG, consumer durables and capital goods stocks after the GST Council finalised rates for bulk of the goods and services last week.

Sensex climbs over 200 points, Nifty nears 9,500-mark; FMCG stocks in focus

Sensex climbs over 200 points, Nifty nears 9,500-mark; FMCG stocks in focus

FMCG giant ITC rose the most among 30 Sensex constituents, climbing 2.82 percent to Rs 293.95.

Seven of top 10 companies add Rs 49,642 crore in mcap

Seven of top 10 companies add Rs 49,642 crore in mcap

Seven of the 10 most valued listed companies together added Rs 49,642.58 crore in market valuation last week, with HDFC Bank stealing the show with the maximum gain.

ITC examining options for Taj Mansingh auction

ITC examining options for Taj Mansingh auction

Diversified conglomerate ITC is learnt to be evaluating options for making a bid for Taj Mansingh hotel following the Supreme Court's decision to allow the NDMC to e-auction the iconic property.

RIL closes in on TCS for top m-cap ranking

RIL closes in on TCS for top m-cap ranking

Helped by a sharp surge in its share price, Mukesh Ambani-led Reliance Industries Ltd (RIL) is fast closing in on the top-ranked TCS in market valuation with a gain of over Rs 28,000 crore last week.

 M-cap windfall for top 7 companies, investors richer by Rs 45,956 crore

M-cap windfall for top 7 companies, investors richer by Rs 45,956 crore

Investors in top seven Indian companies saw their fortune grow by a cumulative Rs 45,955.51 crore last week, with SBI and RIL handing the maximum gains.

Top six companies pull ahead on m-cap, add Rs 30,505 crore

Top six companies pull ahead on m-cap, add Rs 30,505 crore

Top six Indian companies added a total of Rs 30,505.3 crore in market valuation last week, with IT biggie TCS walking away with the biggest slice.

 Note ban punches holes in Q3 results; Cos hopeful of 'gains'

Note ban punches holes in Q3 results; Cos hopeful of 'gains'

From soap and shampoo to cement and automobiles, businesses have seen the demonetisation move punching red marks on their balance sheets, even as they continue to put on a brave face on hopes for "long-term gains from this short-term pain".

 ITC hits out at large graphic warning rule on cigarette packs

ITC hits out at large graphic warning rule on cigarette packs

With its cigarettes business witnessing a subdued December quarter due to demonetisation and strict regulations, ITC has lashed out at the large graphic warning requirement on the packets saying there is no evidence that smoking would cause diseases depicted in the "extremely gruesome and unreasonable" pictures.

ITC Q3 net rises 5.7% to Rs 2,647 crore

ITC Q3 net rises 5.7% to Rs 2,647 crore

The company had posted a net profit of Rs 2,503.76 crore during the same period last fiscal.

ITC Q2 net up 10% at Rs  2,500 crore

ITC Q2 net up 10% at Rs 2,500 crore

ITC Ltd on Wednesday posted 10.49 percent increase in standalone net profit to Rs 2,500.03 crore for the September quarter of the current fiscal, helped largely by higher cigarette sales.

ITC appoints Sanjiv Puri as COO

ITC appoints Sanjiv Puri as COO

FMCG major ITC on Monday announced the appointment of Sanjiv Puri as its chief operating officer with immediate effect.

ITC Q1 net profit up 10% to Rs 2,385 crore

ITC Q1 net profit up 10% to Rs 2,385 crore

FMCG firm ITC on Thursday reported an increase of 10 percent in standalone net profit at Rs 2,385 crore for the first quarter ended June 30, 2016.

ITC Q4 net up 5.67% at Rs 2,495 cr

FMCG firm ITC on Friday reported an increase of 5.67 percent in standalone net profit at Rs 2,495.20 crore for the fourth quarter ended March 31.

ITC resumes cigarette production

ITC resumes cigarette production

Diversified group ITC Sunday said there is "progressive resumption" of production at its cigarette factories, which was suspended from May 4 over the large pictorial warning issue.