ITC tanks 5% as BAT mulls stake sale
Shares of ITC drop 5% as British American Tobacco reviews its stake.
Shares of ITC drop 5% as British American Tobacco reviews its stake.
ITC says stock limits on wheat, a ban on non-basmati rice exports and export duty on parboiled rice, further limited business opportunities for the agriculture business.
Profit led by FMCG segment and cigarette business; ITC says geopolitical tensions and supply chain issues hardened commodity prices, creating “unprecedented” inflationary conditions