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ITC records sharpest intra-day gain in two months ahead of Q1 results

According to analysts, ITC is likely to post a strong show in Q1FY22, helped by a low base and recovery in cigarettes sales.

ITC
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SI Reporter Mumbai
Shares of ITC moved higher by 3 per cent at Rs 213.60 on the BSE in the intra-day trade on Friday, on back of heavy volumes, ahead of its April-June quarter (Q1FY22) earnings on Saturday, July 24. In comparison, the S&P BSE Sensex was up 0.39 per cent at 53,041 levels at 02:20 pm. Trading volumes on the counter more-than-doubled with a combined 36 million equity shares having changed hands on the NSE and BSE till the time of writing of this report.

The stock of the fast moving consumer goods (FMCG) company recorded its sharpest intra-day gain in

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First Published: Jul 23 2021 | 2:37 PM IST

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