ITC shares gained over 1 per cent in early trade and were trading 0.4 per cent higher at Rs 451.05 apiece at 11:30 am. Here's what brokerages said about the company's Q1 performance.
ITC share price: ITC share price gained nearly 1% to touch an intraday high of Rs 457.40 on NSE today (August 16) after the company reported its Q1 results and approved the demerger of its hotels business. So far this year, ITC shares have rallied more than 36%, delivering multibagger returns. Watch this Visual Story to see whether you should buy the stock for more gains.
ITC Q1 results: Sharekhan expects ITC to report 11.3 per cent YoY rise in net profit at Rs 4,640 crore compared with Rs 4,169 crore in the same quarter last year.