Net profit of ITC rose 3.85% to Rs 3209.07 crore in the quarter ended December 2018 as against Rs 3090.20 crore during the previous quarter ended December 2017. Sales rose 15.14% to Rs 11136.55 crore in the quarter ended December 2018 as against Rs 9672.57 crore during the previous quarter ended December 2017.

Powered by Capital Market - Live News

The result was announced during trading hours today, 23 January 2019.

Meanwhile, the S&P BSE Sensex was down 320.43 points, or 0.88% to 36,124.21

On the BSE, 15.58 lakh shares were traded in the counter so far compared with average daily volumes of 6.08 shares in the past two weeks. The stock had hit a high of Rs 294.30 and a low of Rs 277.70 so far during the day.

ITC, a multi-business conglomerate, is currently focused on business groups including FMCG, Hotels, Paperboards, Paper & Packaging and Agri Business.

Powered by Capital Market - Live News

ITC and InterGlobe Aviation will announce their October-December 2018 quarterly results today, 23 January 2019.

ICICI Prudential Life Insurance Company's net profit dropped 34.36% to Rs 296.77 crore on 35.26% fall in total income to Rs 8786.70 crore in Q3 December 2018 over Q3 December 2017. The announcement was made after market hours yesterday, 22 January 2019.

HDFC Standard Life Insurance Company's net profit rose 18.48% to Rs 245.63 crore on 3.69% fall in total income to Rs 9386.57 crore in Q3 December 2018 over Q3 December 2017. The announcement was made after market hours yesterday, 22 January 2019.

Oberoi Realty's consolidated net profit rose 14.76% to Rs 137.93 crore on 52.79% rise in total income to Rs 552.03 crore in Q3 December 2018 over Q3 December 2017. The announcement was made after market hours yesterday, 22 January 2019.

Cyient has signed a definitive agreement to acquire the remaining 26% stake in one of its subsidiaries, Cyient DLM to take the overall stake to 100%. The announcement was made after market hours yesterday, 22 January 2019.

Walchandnagar Industries (WIL), Pune and Indian Space Research Organization's Vikram Sarabhai Space Centre (VSSC) have entered into a contract whereby WIL will manufacture and supply 'S - 139 End Segments' for the Polar Satellite Launch Vehicle (PSLV) Program. The contract value is Rs 96 crore plus escalation and is likely to be executed over a period of three years. The announcement was made after market hours yesterday, 22 January 2019.

Powered by Capital Market - Live News

ITC Ltd fell for a fifth straight session today. The stock is quoting at 287, down 1% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.65% on the day, quoting at 10890.4. The Sensex is at 36335.67, down 0.67%.ITC Ltd has gained around 3.99% in last one month.Meanwhile, Nifty FMCG index of which ITC Ltd is a constituent, has increased around 1.26% in last one month and is currently quoting at 30485, down 0.52% on the day. The volume in the stock stood at 53.38 lakh shares today, compared to the daily average of 90.57 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 286.9, down 1.22% on the day. ITC Ltd jumped 3.76% in last one year as compared to a 1.74% slide in NIFTY and a 9.24% spurt in the Nifty FMCG index.

The PE of the stock is 30.78 based on TTM earnings ending September 18.

Powered by Capital Market - Live News