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ITC shares gain 3% after Q1 results. Here’s why Nomura upgraded the stock to Buy

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Shares of ITC gained 2% to Rs 288.40 on the BSE after the FMCG major reported a 27% year-on-year (YoY) decline in standalone net profit for the April-June quarter of FY27. Profit stood at Rs 3,579 crore, compared with Rs 4,911 crore in the corresponding quarter last year.Revenue, however, remaine...

First seen · latest update · India · business

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