ITC share price: Shares of ITC Ltd climbed 3 percent to Rs 282 in early trade on Wednesday, emerging as the top gainer on the Nifty 50 as investors continued to react to the company’s Q2 FY27 results, which showed weak cigarette earnings but strong growth in its non-cigarette FMCG business.
ITC shares extended their gains after rising 2.8 percent in the previous session, with brokerages offering cautious-to-positive outlooks on the stock as robust growth in non-cigarette businesses contrasted with continued pressure on cigarette profitability.
At around 9:41 am, ITC shares were trading at Rs 282, up 3 percent. The stock has declined 24.3 percent so far in 2026, significantly underperforming the Nifty 50, which has fallen 8.5 percent over the same period. The company's market capitalisation stood at Rs 3.46 lakh crore.
The broader market was also trading higher, with the Sensex gaining 378 points, or 0.5 percent, to 77,296, while the Nifty advanced 112 points to 23,923 at 9:41 am.
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