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ITC shares up 2x in 2 years but investors see more opportunities for growth after analyst meet

Going forward, any potential news around the listing of its infotech business or a new structure for its other FMCG business could be a key catalyst for the stock. ....

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Spencer's Retail: RP-Sanjiv Goenka Group aims to turn profitable in consumer business within 2-3 years

RP-Sanjiv Goenka Group Vice Chairman, Shashwat Goenka, expressed confidence in achieving profitability for the group s consumer business, encompassing retail giants like Spencer s Retail and Nature s Basket, along with the FMCG sector. This financial turnaround, targeted within the next two to three years, involves a strategic approach, including debt reduction through restructuring, loan repayment, store closures in unprofitable segments, and the introduction of high-margin luxury gourmet stores. ....

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Best days behind for ITC stock?

Growth and profitability are moderating now. For the three months ended September, estimated year-on-year cigarette volume growth fell for the fifth straight quarter to 4.5%. ....

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Reliance Retail: Reliance Retail crosses a billion transaction benchmark in FY23, to ramp up FMCG business

India Business News: Reliance Retail has crossed the milestone of a billion transactions in FY23 and its registered customer base reached 249 million, said the latest annu ....

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Digital will be at the cutting edge of ITC's FMCG business

The non-cigarettes portfolio is seeing a huge thrust on Industry 4.0, analytics, IoT to enhance productivity

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