Daily Market Updates: ITC shares rise as investors anticipate improved Q2 earnings

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ITC shares rise as investors anticipate improved Q2 earnings

The stock gained up to 3% as analysts pointed to margin support after a fall in tobacco prices.

Reported · Written up by our desk · Previews

ITC shares climbed as market participants looked ahead to improved Q2FY27 results, with analysts citing better margins and profitability after tobacco prices fell, according to LiveMint Markets.

The outlet said the stock is down more than 25% year-to-date and has fallen about 35% over the past year, but it rose as much as 3% on the day.

LiveMint Markets also reported an expectation that ITC could move toward ₹274 per share ahead of the Q2 results announcement, with the July to September 2026 quarter seen as the period benefiting from softer tobacco prices.

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Sources

LiveMint Markets35% dip in one year! ITC shares rise on better Q2 results buzz; experts give buy tag? Target price, stop-loss

Earnings

ITC shares rise as investors anticipate improved Q2 earnings

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