Archive · 3 Aug 2026

ITC Q1 Earnings Hit 16% Drop, Stock Near 52‑Week Low

ITC Q1 Earnings Hit 16% Drop, Stock Near 52‑Week Low

ITC, a big Indian company, made less money in its first quarter of 2027 than it did last year, dropping about 16%.

But its sales went up a lot, about 28%.

Many Indian investors own almost half of the company, while foreign investors own a smaller share.

After the earnings were announced, the stock price went up a little but is still close to its lowest point in the past year.

Experts say the price could rise if it goes above Rs 295, but it needs to stay above Rs 280 to keep going up.

Sources