Post Q3, the brokerages maintained their positive stance on ITC stock but most cut target price and EPS estimates given the demerger of hotel business ...
ITC Ltd shares fell nearly 3% on Friday after reporting a 7.27% decline in consolidated net profit for the December quarter, attributed to subdued demand and rising input costs.
ITC fell 2.07% to Rs 432.25 after the company reported 1.2% rise in net profit to Rs 5,638 crore on a 8.6% increase in net revenue to Rs 17,726 crore in Q3 FY25 as compared with Q3 FY24.