A dividend-paying stock allows investors to profit in two ways: capital appreciation of the stock price and distribution of funds made by the company (Dividend). In comparison to broader markets, high dividend yield stocks limit downside risk and are thus better positioned for economic downturns. During major market falls, high dividend yield stocks provide a [...]
With a market capitalization of ₹ 5,27,507 crores, ITC is a blue-chip company that has diversified business interests. The conglomerate operates through four business segments — FMCG, Hotels, Paper and Packaging, cigarettes and agribusiness. The company’s shares have been on an uptrend and reached a new all-time high of ₹ 428.50 apiece on Wednesday. In [...]
After breaching the ₹ 400.00 mark, shares of ITC Ltd reached a new all-time high of ₹ 402.00 apiece on Tuesday. At 11:22 AM on Wednesday, its shares were trading at ₹ 401.00 apiece on the National Stock Exchange (NSE). Popularly known as a meme stock, its share price has risen by a whopping 53.32 [...]
Shares of ITC Ltd have remained flat today with a gain of around 0.4 percent. It opened its trading session at Rs 387.35 and currently trades at Rs 388.90. The scrip has been observed to move consistently since the start of this year. In the past six months, the stock has provided returns of around [...]
The tobacco giant ITC has been one of the most loved stocks by Indian investors lately. In the last 12 months, the stock of cigarettes to flour maker has surged a whopping 56%. While during the same period, the benchmark NIFTY 50 index trades almost flat at the present 16,930 level. Headquartered in Kolkata, ITC [...]
With a market capitalization of ₹ 4,74,464 crores, ITC is a large-cap company and the largest cigarette manufacturer and seller in India. Currently, it operates in five businesses FMCG cigarettes, FMCG others, hotels, paperboards, paper and packaging, and agribusiness. The company’s shares have been on an uptrend and have gained 72.66% in the past year, [...]
