 "ITC")
ITC Q1 preview: Unlike its lacklustre stock performance at the bourses since the past one year, ITC is likely to post a strong show in the June 2021 quarter (Q1FY22) when it posts its results on Saturday, July 24, helped by a low base and recovery in cigarettes sales, say analysts. They eye a solid double-digit profit and revenue growth on a yearly basis, although the quarter-on-quarter (QoQ) performance could disappoint.
During the quarter ended June, shareholders lost over 7 per cent of their wealth parked in ITC whereas Nifty50 offered 7 per cent returns during the same period.
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