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ITC shares hit 52-week high post Q1 earnings; time to buy, sell or hold?

Shares of FMCG major ITC rose nearly 3% amid a falling market today after the firm reported a 34% year-on-year rise in consolidated net profit for the quarter ended June 30, 2022. ITC stock gained 2.96% to a fresh 52-week high of Rs 316.65 against the previous close of Rs 307.55 on BSE.

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