ITC clears 20-day average as ITC stock rises 1.79 percent

Published on 10/29/2026 at 15:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The rebound lifts ITC stock from a fresh 52-week low on October 28, 2026. ITC reports second-quarter and first-half results on November 2, 2026.

ITC enters a technical rebound

First-quarter fiscal 2027 net revenue fell 14.40 percent to INR 169.08 billion year over year.
Adjusted profit after tax declined 27.10 percent to INR 35.79 billion in the same quarter.
The company is scheduled to review second-quarter and first-half results on November 2, 2026.

ITC, INE154A01025, Illustration mit AI erstellt.

ITC Limited (ISIN INE154A01025) rose 1.79 percent on October 29, 2026, reversing the pressure that had taken the stock close to its 52-week low. The move carried ITC above its 20-day simple moving average, according to The Economic Times.

A rebound after the low

The technical change is new relative to the latest own coverage checked on October 26, 2026, which described ITC near its annual low and focused on the November 2 reporting date. On October 28, the stock closed at INR 259.50 after trading near its 52-week low of INR 252.80.

The October 29 session moved the share above the 20-day average of INR 261.67 and through the second resistance level of INR 263.97, according to The Economic Times. That creates a short-term recovery signal, although a single session does not establish a longer-term trend.

Results remain the next test

ITC's first-quarter fiscal 2027 net revenue fell 14.40 percent year over year to INR 169.08 billion, while adjusted profit after tax declined 27.10 percent to INR 35.79 billion. The November 2 board meeting will consider unaudited standalone and consolidated results for the quarter and six months ended September 30, 2026.

Trading position

On the NSE, ITC stood at INR 264.15 on October 29, 2026 at 12:35 p.m. IST, up 1.79 percent from the October 28 close of INR 259.50, according to the NSE. The exchange listed a 52-week range of INR 252.80 to INR 426.40 at that time.