ITC stock nears 52-week low ahead of November 2 results
Published on 10/30/2026 at 09:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSWhat investors are watching
- ITC Limited is due to report second-quarter results as investors assess the impact of higher tobacco taxes.
- The stock has fallen 28% in 2026 and 43% over two years, according to Business Today.
- Management's earnings update will provide the next key test for the diversified FMCG group.
ITC stock is trading close to its 52-week low as investors look ahead to the company's second-quarter results. Business Today reported on Friday, October 30, 2026, that ITC Limited is scheduled to report its Q2 earnings on November 2. The report covers the quarter ended September 30.
Results date sets the next catalyst
The board meeting will be the next major event for shareholders. Investors will focus on revenue, profitability and the performance of ITC's cigarette and consumer-goods businesses after higher tobacco taxes weighed on sentiment earlier this year.
ITC's Investor Relations page lists the October 16 notice for the board meeting and identifies the company as a diversified group spanning FMCG, packaging, paperboards and specialty papers, agri-business and information technology. The company reported gross revenue of Rs 80,867 crore and EBITDA of Rs 25,208 crore for the financial year ended March 31, 2026.
Share performance remains weak
According to Business Today, the shares reached a 52-week low of Rs 252.80 on October 28. The stock has declined 28% in 2026 and 43% over two years, leaving the upcoming results as an important reference point for investors assessing whether operating performance can offset sector pressure.
What comes next for investors
The November earnings release should clarify the effect of tobacco taxation on the core business and show whether growth in ITC's non-cigarette operations is continuing. Investors will also look for management commentary on margins, demand and the group's capital-allocation priorities.
ITC's Investor Relations page provides the company's latest financial-reporting and stock-exchange-announcement information.
ITC Limited at a glance
- Upcoming event: Second-quarter results
- Board meeting: November 2, 2026
- Reporting period: Quarter ended September 30, 2026
- 52-week low: Rs 252.80 on October 28, 2026
- Financial year 2026 gross revenue: Rs 80,867 crore
- Financial year 2026 EBITDA: Rs 25,208 crore
