Why did ITC (ITC) stock move recently?

On 9/1/2026, ITC moved +4.3% — ITC was the top Nifty 50 gainer after media reports that cigarette makers may raise prices by up to 17%, and a day after ITC Infotech announced it would acquire a 22.1% stake in Happiest Minds Technologies for about Rs 1,330 crore as part of a combination of the two IT services businesses. This is MarketChacha's decoded reason from filings and credible news; it is education, not buy/sell advice.

Is ITC (ITC) overvalued or fairly valued?

MarketChacha shows ITC's valuation in context — a forward P/E of about 15.4, a price-to-book of about 4.5 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

What is ITC's revenue?

ITC reported revenue of ₹81,640 Cr for FY2026, with net profit of ₹20,286 Cr, per official filings.

What is the share price of ITC (ITC)?

ITC last traded at ₹259.85 (+0.2% on the day), as of 9/11/2026 — a delayed quote shown for education, not investment advice.

ITC

ITC · NSE · FMCG · India

Snapshot

TickerITC

ExchangeNSE

SectorFMCG

IndustryTobacco

CountryIndia

CEOMr. Hemant Malik

Employees22,493

HeadquartersKolkata, India

Websitewww.itcportal.com

Filings tracked7

About ITC

ITC Limited engages in the fast-moving consumer goods, paperboards, paper and packaging, and agri businesses in India and internationally. The company offers cigarettes and cigars; foods, including staples, spices, biscuits, confectionery and gums, snacks, noodles and pasta, beverages, dairy products, ready-to-eat meals, chocolates, coffee, and frozen foods; personal care products; education and stationery, such as balls, gels and roller pens, mechanical pencils, geometry boxes, erasers, sharpeners and rulers, wax crayons, plastic crayons, and sketch pens and oil pastels; safety matches; and agarbattis and dhoops under various brands, as well as operates a hotel under the ITC Grand Central name in Mumbai. It also provides virgin, recycled, coated barrier, cupstock base, liner, liquid packaging, antifungal, solid, and graphic boards, as well as specialty papers; surfacing, print base, barrier, overlay, and liner papers; plastic substitution products; and packaging products, including cartons, flexible, tobacco, and green packaging products. In addition, the company exports feed ingredients, food grains, marine products, processed fruits, coffee products, leaf tobacco products, and spices; and offers information technology services for the banking and financial services, healthcare, manufacturing, consumer goods, travel, and hospitality industries, as well as produces and commercializes seed potato technology products. Further, it provides property infrastructure maintenance; engineering, procurement and construction management and project management consultancy services; business consulting; and agro-forestry and other related services, as well as engages in the fabrication and assembly of machinery for tube filling, cartoning, wrapping, and conveyor solutions and engineering activities. ITC Limited was incorporated in 1910 and is headquartered in Kolkata, India.

Who owns it

Promoters29.5%
Institutions52.1%
Public & other18.4%

199 institutional holders

Ownership breakdown from public market data. Promoter pledge is not included here — that comes from exchange shareholding filings.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Net margin trend25.1% → 28.7%

Margin has expanded by about 3.7 points — the business is getting more profitable.

Growth qualityrev -2% · PAT 2%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (Yahoo Finance). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev ₹20,730 Cr · EPS 3.62

Est. earnings growth -14.4%

Next fiscal year

Rev ₹86,128 Cr · EPS 16.83

Est. earnings growth +12.9%

Analyst consensus estimates — not the company's own guidance.

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Financials at a glance

Source: Yahoo Finance

Annual

Quarterly · last 5

Revenue (FY2026)

₹71,984 Cr

Net margin

28.7%

Revenue CAGR (3y)

-2.0%

Profit CAGR (3y)

+2.5%

Net profit (FY2026)

₹20,689 Cr

Ask MarketChacha about ITC

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Why it moved

Sep 1, 2026
ITC was the top Nifty 50 gainer after media reports that cigarette makers may raise prices by up to 17%, and a day after ITC Infotech announced it would acquire a 22.1% stake in Happiest Minds Technologies for about Rs 1,330 crore as part of a combination of the two IT services businesses.
source 1 ↗source 2 ↗· confidence: high
Aug 28, 2026
ITC drifted lower with other defensive and FMCG heavyweights while the day's buying was concentrated in IT shares. No company-specific catalyst was reported.
source 1 ↗· confidence: medium
Aug 20, 2026
ITC advanced with the broader Nifty rebound, with defensive consumer names picking up buying interest as the index recovered from a seven-day slide.
source 1 ↗· confidence: medium

Daily moves with the verified reason behind them. Education only — not investment advice.

On MarketChacha

Posts about ITC

Happiest Minds: what their latest filing actually meansc/india-daily · 9/1/2026▲ 0

Financials

Yearly

Period	Revenue	Net profit	Net margin
FY2026	₹71,984 Cr	₹20,689 Cr	28.7%
FY2025	₹75,323 Cr	₹34,747 Cr	46.1%
FY2024	₹70,881 Cr	₹20,459 Cr	28.9%
FY2023	₹76,518 Cr	₹19,191 Cr	25.1%

Quarterly

Period	Revenue	Net profit	Net margin
Q1 FY27	₹16,908 Cr	₹4,394 Cr	26.0%
Q4 FY26	₹16,050 Cr	₹5,113 Cr	31.9%
Q3 FY26	₹18,017 Cr	₹5,089 Cr	28.2%
Q2 FY26	₹19,502 Cr	₹5,180 Cr	26.6%
Q1 FY26	₹21,495 Cr	₹5,244 Cr	24.4%

Figures as reported, in ₹ (crore). Source: Yahoo Finance.

Filings & announcements

2026

Acquisition
Strategic combination of ITC Infotech India Limited and Happiest Minds Technologies Limited
BSE8/31/2026material
Allotment of ESOP / ESPS
Allotment of Shares under the Company''s Employee Stock Option Schemes
BSE8/14/2026
Acquisition Of Pulp And Paper Undertaking Of Aditya Birla Real Estate Limited - Update
Acquisition of Pulp and Paper Undertaking of Aditya Birla Real Estate Limited - Update
BSE8/1/2026
Change in Directorate
Re-appointment of Independent Director
BSE7/23/2026
Address Delivered By The Chairman At The 115Th Annual General Meeting Of The Company On The Theme - 'ITC: Partnering India In Its Defining Decade'.
Address delivered by the Chairman at the 115th AGM
BSE7/23/2026
Shareholder Meeting / Postal Ballot-Outcome of AGM
115th Annual General Meeting of the Company - 23rd July, 2026
BSE7/23/2026material
Board Meeting Intimation for Unaudited Standalone And Consolidated Financial Results Of The Company For The Quarter Ended 30Th June, 2026
ITC Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 31/07/2026 ,inter alia, to consider and approve the Unaudited Standalone and Consolidated ....
BSE7/17/2026material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.