ITC closes trading window. ITC stock is down 29.42 percent year to date

Published on 10/02/2026 at 05:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

ITC stock is down 29.42 percent year to date. Second-quarter and half-year results cover September 30, 2026, with trading restricted from October 1.

ITC, INE154A01025, Illustration mit AI erstellt.

ITC (ISIN INE154A01025) stood at INR 256.70 on the NSE on October 1, 2026, down 2.30 percent from the prior close of INR 262.75. The stock was down 29.42 percent year to date, while ScanX News reported on September 25, 2026, that ITC had closed its employee trading window from October 1 ahead of results for the quarter and half-year ending September 30, 2026.

Results window points to September quarter

The restriction covers designated employees and their immediate relatives and will remain in place until 48 hours after the results are disclosed to the stock exchanges, according to ScanX News on September 25, 2026. The notice makes the September quarter and first half of fiscal 2027 the next measurable test for cigarette demand, FMCG margins and agricultural exports.

That setup follows a difficult first quarter. DSIJ Intelligence reported that revenue in the first quarter of fiscal 2027 fell 14.40 percent year over year to INR 169.10 billion, while EBITDA fell 27.90 percent to INR 45.10 billion. Adjusted profit after tax declined 27.10 percent to INR 35.80 billion.

Analyst target leaves limited upside

Prabhudas Lilladher upgraded ITC from Reduce to Hold and cut its target from INR 302 to INR 291 in its July 31, 2026 update, according to DSIJ Intelligence. The target reduction was 3.64 percent, and the INR 291 target stood 13.36 percent above the NSE price of INR 256.70.

The broker identified cigarette excise absorption as the main pressure point. It also described FMCG as relatively resilient, with revenue up 12.20 percent year over year to INR 64.80 billion in the first quarter of fiscal 2027, although input-cost pressure remained a risk.

NSE price is INR 1.20 above yearly low

On the NSE, ITC stood at INR 256.70 on October 1, 2026, at 12:49 p.m. IST, down 2.30 percent versus the prior close of INR 262.75. The price was INR 1.20 above the 52-week low of INR 255.50 and INR 169.70 below the 52-week high of INR 426.40.