Business Standard

ITC surges 6% in four days ahead of Q2 results; analysts expect a good show

In Q2FY23, ITC is expected to witness strong growth across segments considering lower sales in the base quarter of cigarettes, hotels & agri business.

ITC
Web Exclusive Premium

Deepak Korgaonkar Mumbai
Shares of ITC were quoting higher for the fourth straight trading day, surging 6 per cent during the period ahead of its July-September quarter (Q2FY23) earnings on Thursday, October 20, 2022.

At 11:17 AM, ITC traded 2 per cent higher at Rs 346.80, as compared to 0.66 per cent rise in the S&P BSE Sensex. The stock was trading closer to its 52-week high of Rs 349.50, which it registered on September 23. The stock had hit a record high of Rs 353 on July 3, 2017.

ITC is the biggest cigarette maker, and the second largest fast

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Oct 19 2022 | 11:38 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com