On ITC, a market expert said the stock could extend its upward move towards Rs 340 level. He advised investors to maintain a stop loss at Rs 300 to manage downside risks.
ITC share price: ITC stock ended 3.91% lower at Rs 309.60 on February 1, the day when excise duty hike came into effect.
ITC share price: The excise duty hike on cigarettes from February 1 remained a key overhang, as it could boost illicit trade and hurt legal cigarette volumes and revenue.
ITC Q3 results today: Nuvama sees net profit falling 6.4 per cent YoY to Rs 5,075.20 crore, citing higher other income in the base quarter. It sees revenue for the FMCG major rising 5.9 per cent YoY to Rs 18,063 crore.
ITC share price: ITC shares are trading near their 52-week low of Rs 318 reached on January 27, 2026.
ITC share price: ITC stock, which stood at Rs 402.70 on December 31 last year closed at Rs 324.90 in the current session.
ITC share price: ITC shares are deeply oversold on charts following fresh excise duty hikes on cigarettes announced by the government in the beginning of this month.
JM Financial said ITC Hotels' Q3 results were in line with its expectations, aided by 9 per cent growth in ARR and 290 basis points expansion in occupancy, leading to RevPAR growth of 13 per cent YoY.
Nomura estimated that ITC Hotels would generate annual cash flows of Rs 800-Rs 1,000 crore over FY25 to FY28, allowing it to focus on inorganic growth opportunities.
MFs bought an additional 1.2 crore shares of IndiGo worth Rs 5,800 crore, Nuvama calculated. MFs held 8 crore IndiGo shares at the end of December against 6.8 crore shares at the end of November.
LIC's holding value in ITC fell to Rs 69,578.06 crore from Rs 80,079.84 crore on Wednesday, a fall of Rs 10,501 crore in two days.





