ITC slips after Q2 earnings

Capital Market 

ITC fell 3.39% to Rs 277.50 at 14:28 IST on after net profit rose 11.93% to Rs 2,954.67 crore on 14.80% increase in total income to Rs 11,776.63 crore in Q2 September 2018 over Q2 September 2017.

The result was announced during trading hours today, 26 October 2018.

Meanwhile, the Sensex was down 288.63 points, or 0.86% to 33,401.46.

On the BSE, 10.02 lakh shares were traded in the counter so far compared with average daily volumes of 8.55 shares in the past two weeks. The stock had hit a high of Rs 290.55 and a low of Rs 276.25 so far during the day. The stock hit a 52-week high of Rs 322.70 on 3 September 2018. The stock hit a 52-week low of Rs 250.35 on 15 November 2017.

ITC, a multi-business conglomerate, has diversified presence in FMCG, hotels, paperboards and packaging, agri business and

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First Published: Fri, October 26 2018. 14:30 IST