ITC.NSE

ITC Ltd.

The BSE Sensex was little changed around 83,400 on Wednesday, snapping a two-session winning streak, as cautious sentiment and a lack of significant domestic triggers curbed follow-through on the AI-driven rally sparked by Infosys’s partnership with Anthropic. Infosys also announced an AI-first value framework, targeting a share of the estimated $300 billion global AI services market. Despite this, the IT index fell more than 2.5%, led by a nearly 2% decline in Infosys. Tata Consultancy Services, HCL Technologies, and Wipro also retreated between 0.6% and 1.3%. In contrast, SBIN (+0.6%), Bajaj Finance (+0.5%), ITC Limited (+1.4%), and JSW Steel (+0.9%) outperformed. Meanwhile, investors are closely watching the India AI Impact Summit, which began on Monday and marks the first global event of its scale on AI to be hosted in a developing country, bringing together world leaders and top corporate executives. Looking ahead, markets are awaiting this week’s PMI flash readings for fresh insight into the country’s economic outlook.

New Delhi [India], February 16 (ANI): Micro, small and medium enterprises (MSMEs) must remain central to India's artificial intelligence (AI) strategy as the country works to unlock value in manufacturing and accelerate economic growth, Gaurav Kataria, VP Digital (Manufacturing) and CDIO PSPD at ITC Ltd told ANI today. 'MSME is absolutely a great focus and really, really required at this point in time,' Kataria t

In this briefing: Hiday Hidaka (7611 JP): Q3 FY02/26 flash update BellRing Brands Inc.: The Distribution Expansion Play—How Food Trent: Time to Pivot! Upgrade to ADD Pre-IPO Sichuan Teway Food Group (A/H Listing) - Business Model, Risks and Thoughts on Valuation ITC Ltd - Near Term Tax Hike Challenges; Rating Revised to HOLD 1. Hiday Hidaka (7611 JP): Q3 FY02/26 flash update Cumulative Q3 FY02/26 revenue reached JPY46.2bn, 77.0% of the full-year forecast, with a 12.7% YoY increase. Operating profit rose 30.7% YoY to JPY5.3bn, achieving 88.1% of the full-year forecast, with record highs. Hidakaya restaurants contributed JPY43.9bn to revenue, accounting for 95.0% of total revenue, with a 12.7% YoY increase. 2. BellRing Brands Inc.: The Distribution Expansion Play—How Food BellRing Brands' fourth quarter results and fiscal year 2025 performance signal a company that is navigating both growth opportunities and competitive challenges. The company reported a robust 16% increase in net sales and an adjusted EBITDA margin of 20.8%, underscoring its capacity to execute on strategic initiatives such as media campaigns, distribution expansion, and innovation while maintaining strong profitability metrics.

In this briefing: BellRing Brands Inc.: The Distribution Expansion Play—How Food Trent: Time to Pivot! Upgrade to ADD Pre-IPO Sichuan Teway Food Group (A/H Listing) - Business Model, Risks and Thoughts on Valuation ITC Ltd - Near Term Tax Hike Challenges; Rating Revised to HOLD HSTECH Index Rebalance Preview: Changes If Index Universe Is Expanded 1. BellRing Brands Inc.: The Distribution Expansion Play—How Food BellRing Brands' fourth quarter results and fiscal year 2025 performance signal a company that is navigating both growth opportunities and competitive challenges. The company reported a robust 16% increase in net sales and an adjusted EBITDA margin of 20.8%, underscoring its capacity to execute on strategic initiatives such as media campaigns, distribution expansion, and innovation while maintaining strong profitability metrics. A key highlight from the quarter was the impressive 20% consumption growth of its Premier Protein shakes, attributed to promotional events, despite a 17% uptick in net sales for the overall product line. 2.