ITC shares rise 2% after Q2 results. What are Jefferies, Nuvama and others saying?
Shares of FMCG major ITC gained 2% to Rs 271 on the NSE on Tuesday, despite reporting an 18.5% decline in consolidated net profit for the September quarter,…
Attributed summary
Shares of FMCG major ITC gained 2% to Rs 271 on the NSE on Tuesday, despite reporting an 18.5% decline in consolidated net profit for the September quarter, as a sharp fall in earnings from its cigarette business weighed on overall profitability despite strong growth in its FMCG, agriculture and paper businesses.The company's consolidated net…
Read the original report — Economic Times
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