ITC smokes out good Q2 numbers

ITC  has declared its Q2FY17 results. The company has posted a net profit of Rs 2500.03 crores which has increased by 10 per cent YoY. Total income has increased from Rs 13,003.86 crore for the quarter ended September 30, 2015 to Rs. 14,091.96 crores in Q2FY17. The cigarette revenue of ITC has grown by 7 per cent. The scrip is trading in green. As at 2.19 am the shares are trading at Rs 240.8 and are up by 0.86 per cent. In the last 6 months, shares have given a return of 10 per cent. However, in the last 3 months the shares have plunged by 5 per cent. Fifty-two-week High/Low stands at Rs 266/178.76.