ITC Shares Rally as Market Looks Beyond Near-Term Cigarette Business Pressure
Shares of diversified FMCG major ITC Ltd gained around 4 per cent in intra-day trading on the BSE on Monday, reaching ₹292.45, as investors expressed optimism that the company may be moving past its recent earnings challenges. Market sentiment improved after the company’s first-quarter results, with brokerages indicating that the risk-reward profile could become more…
