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Brokerages remain divided on ITC after Q1 result; check recommendation

ITC Q1 results review: In Q1, ITC's net profit stood at ₹5,244 crore, up 3 per cent year-on-year (Y-o-Y) from ₹5,091.59 crore a year ago

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Sirali Gupta Mumbai

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ITC Q1 results review: Shares of fast-moving consumer goods (FMCG) giant ITC rose 1.5 per cent on Monday, August 4, 2025, after the company released its Q1 results on Friday, after market hours.  At 9:34 AM, ITC share price was trading 0.54 per cent higher at ₹418.75 per share. In comparison, BSE Sensex was up 0.28 per cent at 80,827.27. Post releasing the June quarter results, brokerages were divided as some cut their targets while some raised. 

Should you buy, sell or hold ITC post Q1? 

Nuvama Institutional Equities has retained 'Buy' on ITC and raised the target to ₹540 per share from