ITC sets board meeting date to declare Q2 results 2026; net profit may decline due to cigarette taxation — share outlook
ITC moved lower in a quarterly results development for Q2FY27.
· LiveMint Markets
Q2 results 2026: ITC informed about the board meeting date to declare Q2FY27 earnings in an exchange filing on…
Key facts
- Period
- Q2FY27
The analysis
Against that, the stock is +0.2% on the day at ₹265.60, and has returned -6.8% over three months. It sits 37% below its 52-week high, which means a good deal of bad news was already in the price. The fmcg sector has moved -10.7% over the same period, so ITC is running 3.9 points ahead of its peers.
For ITC, the question is how much of this is already reflected in the price and how much re-rates the fmcg peer set alongside it.
Why it matters
- Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
- Governance events hit the valuation multiple, not just the earnings — and the de-rating is usually faster than the recovery.
Market context
- In focus: ITC (ITC), in FMCG.
- Over three months: ITC -6.8% against FMCG -10.7% (3.9 points ahead).
- At least 25% below the 52-week high: ITC (37%).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| ITCITC · FMCG | ₹265.60 | +0.2% | +1.1% | -6.8% | -36.8% | 0.7× | — |
FMCG
1M -4.9% · 3M -10.7%
ITC
Prices as of 30 Oct 2026, 16:10 IST. Sector moves are the average of the stocks we track in each sector.
In this story
Related coverage
Q2 Results Live: Varun Beverages Q3 Net Profit Rises 14% YoY; Reliance Slips, Sun Pharma Gains Ahead Of Earnings
Why is VBL down 5% despite Q3 PAT jumps on double-digit volume growth?
Crash! Why Equitas Small Finance Bank stock is so much down today? Share price plunges 12% despite strong Q2 - Reason?
Godrej Consumer Q2 Review: Brokerages Flag Margin Pressure Despite Strong Volume Growth
Godrej Consumer Shares Fall Nearly 4% After Q2 Results As Margins Come Under Pressure