TwitCount Button
31 C
Mumbai
Wednesday, October 28, 2020

What is holding up the long-awaited ITC rally?

Must Read

News24.com | Jason Holder says man mountain Rahkeem Cornwall can be ‘best spinner’ of series

Rahkeem Cornwall (Photo by Gareth Copley/Getty Images) West Indies captain Jason Holder has backed Rahkeem Cornwall to make more of an impact than any England spinner as the tourists decide whether to select the giant Antiguan for the deciding third Test.Cornwall was left on the sidelines for the first two matches of a three-Test series,…

News24.com | Smoke engulfing N3 from Pietermaritzburg dumpsite ‘should clear soon’

Visuals of the smoke from the New England Road landfill site in Pietermartizburg on Friday The Msunduzi Municipality says smoke from the New England Road landfill site should be gone soon.A meeting will be held to discuss whether it should be declared a disaster site.Residents and motorists have been urged to keep their windows closed.Smoke…

Coronavirus: Goa reports 1st Covid-19 death, Delhi surpasses Tamil Nadu to be in 2nd spot

You don't have permission to access "http://www.indiatoday.in/india/story/coronavirus-goa-reports-1st-covid-19-death-delhi-surpasses-tamil-nadu-to-be-in-2nd-spot-1691651-2020-06-22?" on this server. Reference #18.be3c3117.1603896245.274666ce
The finance veterans envisage ITC as a vast FMCG conglomerate that entails cigarettes and the more moderen FMCG companies.

Synopsis

In accordance with Tandon, the evolving belief of ESG-themed investing is being mirrored in the stock market reception of ITC. Citing the views of monetary consultants Aswath Damodaran and Raghuram Rajan, he held that ESG will work unless it’s miles not at odds with shareholder returns.

ET Intelligence Community: ITC, the country’s least costly FMCG firm by relative valuations, is allocating disproportionate funds and manpower to non-cigarette revenue categories to gallop up its transformation into an all-weather client powerhouse from India’s biggest cigarette maker.“About 80-85% of our capex is going toward the non-cigarette companies,” ITC’s newly appointed CFO Supratim Dutta suggested ET. “About 90% of our workers are

BY

ET Bureau

4 minutes read, Final Up to this level:

  • GIFT ARTICLE
  • FONT SIZE

    AbcLittle

    AbcMedium

    AbcSizable

  • SAVE
  • COMMENT

To Learn the Elephantine Myth, Turn out to be an ET Top Member

Trace in to read the stout article

You’ve received this Top Myth as a Free Reward

Access the uncommon Financial Instances reports, Editorial and Expert thought

Already a Member? Trace In now

Why ?

  • #modijinews

    Sharp Perception-successfully off, Indepth reports all the diagram in which through 20+ sectors

  • cigarette maker

    Access the uncommon Financial Instances reports, Editorial and Expert thought

  • India

    Handsome ride with
    Minimal Adverts

  • MODI2

    Commentary & Interact with ET Top neighborhood

  • Raghuram Rajan

    Phenomenal invites to Digital Events with Industry Leaders

  • Supratim Dutta

    A trusted team of Journalists & Analysts who can easiest filter signal from noise

news image

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest News

Encounter between security forces, terrorists underway at Sopore in Kashmir

You don't have permission to access "http://www.indiatoday.in/india/story/encounter-sopore-kashmir-1692426-2020-06-25?" on this server. Reference #18.ab3c3117.1603896222.277134b

Income tax return filing date extended to November 30 in relief for salaried class

You don't have permission to access "http://www.indiatoday.in/india/story/income-tax-return-filing-date-extended-to-november-30-in-relief-for-salaried-class-1692360-2020-06-24?" on this server. Reference #18.be3c3117.1603896234.27462680

Coronavirus: Goa reports 1st Covid-19 death, Delhi surpasses Tamil Nadu to be in 2nd spot

You don't have permission to access "http://www.indiatoday.in/india/story/coronavirus-goa-reports-1st-covid-19-death-delhi-surpasses-tamil-nadu-to-be-in-2nd-spot-1691651-2020-06-22?" on this server. Reference #18.be3c3117.1603896245.274666ce

We’re Getting A New Suicide Squad Game Very Soon

WB and DC Comics have collaborated to produce some of the best superhero movies of all time. When you bring Rocksteady Studios to that solid team, the trio end up making some of the most iconic superhero games of all time. Rocksteady Studios has been the developer of iconic games like Batman: Arkham Knight and…

Trump Survived the Coronavirus, but He Can’t Escape It

Donald Trump is a lucky devil. In almost half a century as a self-promoting real-estate developer, reality-television star, and political demagogue, he’s been through so many setbacks and difficulties that he may believe he’s invulnerable. Multiple bankruptcies, divorces, lawsuits, the “Access Hollywood” tape, the Stormy Daniels revelations, the Mueller investigation, impeachment, and contracting COVID-19 as…

More Articles Like This