ITC (ITC) Weekly Analysis
Price & Volume
This week, the stock price saw a slight decrease of 0.5%, closing at 280.35. The trading range was 1.74%, indicating moderate price movement within the week. Trading volume dropped significantly by 31.71% compared to the previous week. The stock's closing price was 3.47% below its 50-day moving average.
Technicals
This week, the stock closed at 280.35, down 0.5% from last week. Moving averages show a downtrend, with the 20-week and 50-week Simple Moving Averages (SMAs) both sloping downwards. The Relative Strength Index (RSI) at 40.6 indicates weakening momentum, but it increased by 3.4 points WoW. Bollinger Bands widened slightly to 7.5%, suggesting increased volatility. Overall, the technical picture shows a downtrend with some signs of stabilizing momentum.
Fundamentals
In the Mar 2026 quarter, revenue declined 5.0% year-over-year to ₹17,825.0, while net profit fell 72.4% YoY to ₹5,470.0. Despite the recent quarterly dip, the company's operating margin remained strong at 39.0% in Mar 2026. The stock currently trades at a Price-to-Earnings (PE) ratio of 17.2x and a Price-to-Book (PB) ratio of 5.0x, reflecting its current market valuation.
News
During the week of July 13 to July 17, 2026, ITC Hotels reported its Q1 earnings, with one report on July 16 stating a 36% rise in net profit to ₹182 crore, driven by strong revenue. However, another report on July 16 indicated a 5% share price decline for ITC Hotels, citing a 43% sequential drop in Q1 net profit, and a separate report on July 17 noted ITC's negative returns for the month. The company was also mentioned in a broader context of stocks crossing below their 200-day moving averages.
Events
ITC Limited has confirmed to depositories that all shares dematerialized during the quarter ended June 30, 2026, have been processed according to SEBI regulations, with certificates cancelled and names updated.
ITC Limited announced the completion of despatch for the Notice of its 115th Annual General Meeting and the Report and Accounts for the financial year ended March 31, 2026. This informs shareholders about the upcoming AGM and related financial information.
ITC Limited has submitted its Report and Accounts for the financial year ended March 31, 2026, along with the Notice for its 115th Annual General Meeting. This includes the Business Responsibility and Sustainability Report, as required by SEBI regulations.
ITC Limited announced its Report and Accounts for the financial year ended March 31, 2026, along with the notice for its 115th Annual General Meeting. This includes the Business Responsibility and Sustainability Report.
ITC Limited has submitted its Report and Accounts for the financial year ended March 31, 2026, along with the Notice for its 115th Annual General Meeting. This includes the Business Responsibility and Sustainability Report.
ITC Limited announced the completion of despatch for the Notice of its 115th Annual General Meeting and the Report and Accounts for the financial year ended March 31, 2026. This informs shareholders about the upcoming AGM and related financial information.
ITC Limited has submitted its Report and Accounts for the financial year ended March 31, 2026, along with the Notice for its 115th Annual General Meeting. This includes the Business Responsibility and Sustainability Report, as required by SEBI regulations.
ITC Limited announced its Report and Accounts for the financial year ended March 31, 2026, along with the notice for its 115th Annual General Meeting. This includes the Business Responsibility and Sustainability Report.
ITC Limited has submitted its Report and Accounts for the financial year ended March 31, 2026, along with the Notice for its 115th Annual General Meeting. This includes the Business Responsibility and Sustainability Report.
Weekly Snapshot
Highlights
- The stock price declined by 0.5% this week, closing at 280.35, with trading volume dropping significantly by 31.71% compared to the previous week.
- Technically, the stock remains in a downtrend, with its RSI at 40.56 indicating weakening momentum, although it saw a slight WoW increase.
- ITC Hotels reported Q1 earnings, with mixed signals: one report noted a 36% rise in net profit to 182 crore on strong revenue, while another highlighted a 5% share price decline for ITC Hotels due to a 43% sequential drop in net profit.
- The company's Mar 2026 quarterly results showed a revenue decline of 5.0% YoY and a net profit fall of 72.4% YoY.
- Routine filings, including the 115th Annual General Meeting notice and the FY26 annual report, were made during the week.
What This Means
The stock experienced a slight price decrease and a significant drop in trading volume this week, continuing its downward trend. While technical indicators show weakening momentum, there was a slight improvement in the RSI. The mixed news surrounding ITC Hotels' Q1 earnings, alongside the company's recent quarterly financial decline, contributes to the current uncertainty. Routine corporate filings were also made.
Latest Quarter Info
For the period ending March 2026, the company reported revenue of 17,825.0. While the quarter-over-quarter (QoQ) revenue shows a decline of 11.08%, the year-over-year (YoY) comparison indicates a decrease of 5.01%, suggesting a mixed trend in revenue momentum. Profitability saw a significant shift, with net profit increasing by 9.01% QoQ. However, the YoY net profit experienced a substantial decrease of 72.38%. The operating margin remained stable at 39.0%, indicating consistent operational efficiency despite revenue fluctuations. The mixed signals from revenue and profit trends, particularly the sharp YoY decline in net profit and EPS, warrant further investigation into underlying business drivers.