Analysts from Nirmal Bang Securities said that interesting observation is that the SRF’s price is currently trading above the long term average 50DMA -200DMA which is a bullish signal.

ITC, Nykaa, SRF, Jubilant Foods: Trading views on these buzzing stocks

The equity benchmarks experienced notable declines, breaking a five-day upward trend amidst a global sell-off. Key stocks included Zomato, which gained significantly, ITC, which saw slight losses, and Adani Wilmar, which increased. Analysts highlighted bullish trends in Zomato and Adani Wilmar, while ITC may see a pivotal move if it surpasses 500 levels.

Big movers on D-Street: What should investors do with ITC, Zomato and Adani Wilmar?

The short-term outlook for ITC stock (₹489.1) is flat-to-negative with immediate support at ₹466 and ₹441, but a long-term positive view remains unless the price drops below ₹383; traders are advised to buy a ₹490 put option for potential gains if the stock falls, with a breakeven point at ₹480.35 and a maximum loss of ₹15,360 if the stock does not drop below ₹490.

F&O Strategy: Buy ITC Put Option

ITC’s Somnath Chatterjee On Sugar Demand & Budget Announcement For Agri | CNBC TV18

Market Opening LIVE | Nifty Opens Below 24,800, Sensex Down 700 Points; ITC, Tata Motors In Focus

Companies including Tata Motors, ITC, Zomato, Maruti Suzuki, Adani Enterprises, Titan, AB Capital and more may remain under the spotlight before the opening bell on Friday, August 2.

Stocks in news: Tata Motors, ITC, Zomato, Maruti Suzuki India, Adani Enterprises and Titan

ITC’s cigarette business volume growth may sustain with no increase in tax in the recent Budget, Sharekhan said. The outlook for FMCG business is also improving, it added.

ITC stock lacks near-term triggers; share price targets post Q1 results

ITC share price today: Analysts expect legal cigarette players to gain market share from illegal player. ITC could be a key beneficiary

ITC share price target raised: Up to 17% upside expected on steady cig biz

ITC reported a minor increase in first-quarter net profit to Rs 4,917.45 crore, falling short of street estimates. Revenue in its FMCG and hotel segments rose, while cigarette business volumes grew steadily. Analysts maintain a positive outlook, setting target prices between Rs 530 and Rs 585.

ITC shares jump 1% post marginal miss on Q1 estimates. Should you invest?

The brokerage expects ~4% cigarette volume growth in FY25/26 in a steady state given stable taxation and sustained innovations and distribution led gains.

ITC Q1 Results Review - Demand Outlook Positive, Margins Bottomed Out: Prabhudas Lilladher

Though overall results were broadly in line with the brokerage’s estimate, challenges to increase cigarette volumes and profitability in the business would remain a key challenge.

ITC Q1 Results Review - Rich Valuations; Reduce: Dolat Capital

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

ITC Limited is a holding company engaged in the marketing of fast moving consumer goods (FMGC). The Company operates through four segments: FMCG; Hotels; Paperboards, Paper and Packaging; and Agri Business.

ITC Ltd