ITC posts resilient Q2 results despite challenges; brokerage firms bet on Cigarettes, FMCG biz, says growth outlook remains strong
- Posted on October 25, 2024
- By Financial Express
- 1 Views
ITC posts resilient Q2 results despite challenges; brokerage firms bet on Cigarettes, FMCG biz, says growth outlook remains strong
With the conglomerate posting a stable cigarette volumes growth trajectory at around 3 per cent despite calibrated price hikes to navigate cost inflation, and a lower EBIT growth of 5 per cent, brokerage firms remained focused on the category.