ITC has been sideways in a range, which is also confirmed from the strangle chart. Short ITC 290 CE and 270 PE near 6.5, stop los above 8, targets 5 a..
Solid Quarter; Valuation Attractive
ITC has reported largely an in-line performance in Q2FY19 with an estimated cigarettes volume of ~7% YoY. Despite a robust YoY grow..
Sales in-line; Cigarette margins affected by Kerala floods, packaging costs
* ITC’s net revenue grew 7.3% YoY to INR110.7b (our estimate: INR111.4b), EBITDA ros..
ITC Ltd, India's biggest cigarette maker, posted a near 12 pct rise in September-quarter profit on Friday, boosted by higher cigarette revenue.
Profit was 29.55 bi..
Flavouring and additive ingredients used in e-cigarettes are more likely to increase inflammation and impair lung function, according to new research.
E-cigarettes -- ..
LOS ANGELES - Faced with a proliferation of new electronic cigarettes and a sharp rise in teen vaping, the U.S. Food and Drug Administration on Friday sent letters ..
* On a Monthly chart, the stock has confirmed the Hammer candlestick which is reversal pattern, suggests an upside movement in the counter.
* On an ho..
Condemning the government's decision to ban e-cigarettes in the absence of scientific evidence, experts said the move is regressive.
In a statement on Thursday, th..
Backing a recent UK Parliamentary Committee report on e-cigarettes, Indian experts have contended that despite being 95 per cent less harmful than tobacco cigarettes, the..
Daily usage of conventional and electronic cigarettes together can increase your chances of heart attack by five times, a new study has warned.
The findings showed tha..
Shares of ITC continued gaining streak on Friday and climbed nearly 3 per cent, hitting 52-week high, on the Bombay Stock Exchange after the company reported higher-than-..
Cig volumes marginally exceed estimate, margins surprise positively
* ITC’s net revenue grew 7.6% YoY (est. of +14%) to INR107.1b (est. of INR113.5b), EBITDA in..
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