Stock Market Today: Sensex, Nifty Open Higher; ITC Q2, October Manufacturing PMI Eyed
ITC reported results for Q2 FY27 with November 2 in focus.
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As many as 203 companies are scheduled to announce their September quarter (Q2 FY27) results on Monday, November 2. Some of the key companies reporting their earnings include ITC, Marico, National Aluminium Company and UPL among others.
Key facts
- Period
- Q2 FY27
- Dates in focus
- November 2
The analysis
Against that, the stock is +1.5% on the day at ₹283.15, and has returned -1.0% over three months. It sits 31% below its 52-week high, which means a good deal of bad news was already in the price. The fmcg sector has moved -5.2% over the same period, so ITC is running 4.2 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.
- With BSE involved, this carries a regulatory dimension that can outlast the immediate market reaction.
Market context
- The 3 companies named span 2 sectors, so these are separate company stories rather than one sector-wide move.
- On the day, 2 of 3 are higher: ITC leads at +1.5% and National Aluminium trails at -1.6%.
- Over three months: ITC -1.0% against FMCG -5.2% (4.2 points ahead); Marico +4.4% against FMCG -5.2% (9.6 points ahead); National Aluminium -14.5% against Metals & Mining -8.0% (6.5 points behind).
- At least 25% below the 52-week high: ITC (31%) and National Aluminium (26%).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| ITCITC · FMCG | ₹283.15 | +1.5% | +6.2% | -1.0% | -30.6% | 0.8× | — |
| MaricoMARICO · FMCG | ₹897.75 | +1.1% | +13.1% | +4.4% | 0.0% | 1.0× | — |
| National AluminiumNATIONALUM · Metals & Mining | ₹325.75 | -1.6% | -3.4% | -14.5% | -26.2% | 1.1× | — |
FMCG
1M -0.2% · 3M -5.2%
ITC, Marico
Metals & Mining
1M -3.6% · 3M -8.0%
National Aluminium
Prices as of 6 Nov 2026, 16:11 IST. Sector moves are the average of the stocks we track in each sector.
In this story
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