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ITC | Reliance: Why Reliance is moving now & where ITC is heading

The stock to talk about is Reliance given the kind of move that we have seen over the last couple of sessions. What is making the elephant move now? Fundamentally, the company remains as strong as one can expect. Among the respective verticals - -oil to chemicals (O2C) vertical which included specialty chemical and polymer segments is really having a very good time. They are among the largest manufacturers of some of the polymers in the world. Most of the time, they are the ones which open the prices up, given the strength this company has and given the fact that the demand for this particular polymer has started surging along with the strong commodity prices. They are going to show relatively better performance going forward. This year onwards, we will be looking at the company more systematically and differently across different verticals.

ITC Q4 Results: Net profit falls 1 3% YoY, beats estimates; firm to pay Rs 5 75 dividend

ITC Q4 Results: Net profit falls 1.3% YoY, beats estimates; firm to pay Rs 5.75 dividend SECTIONS Last Updated: Jun 01, 2021, 07:52 PM IST Share Synopsis The company’s board approved a final dividend off Rs. 5.75 per share for the financial year ended March 2021. The cigarette business had a strong rebound in the quarter as the segment’s revenues grew 14.2 per cent on a year-on-year basis to Rs. 5,859.60 crore. Related NSE MUMBAI: ITC on Tuesday reported a 1.3 per cent year-on-year decline in net profit to Rs. 3,748.4 crore, which was slightly higher than analysts expectations. The company’s revenue from operations jumped 24 per cent on year to Rs. 14,157 crore, sharply higher than Street estimates.

Stocks to watch: ITC, Infosys, Ashok Leyland, Radico Khaitan, Eicher Motors, Nestle India, Maruti Suzuki among others

Stocks to watch: ITC, Infosys, Ashok Leyland, Radico Khaitan, Eicher Motors, Nestle India, Maruti Suzuki among others
freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.

CITC publishes public consultation on Spectrum Auction 2021

ITC adjusted PAT rises 6 5% in Q4, declares final dividend of Rs 5 75

Read more about ITC adjusted PAT rises 6.5% in Q4, declares final dividend of Rs 5.75 on Business Standard. The board has recommended a final dividend of Rs 5.75 per share; cigarette revenues rose 13.1% at Rs 6,508.43 crore

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