Market Performance: ITC Share Price Stands Tall in a Weak Stock Market Today
The stock market today opened under heavy pressure, with sharp selling across sectors. Yet, ITC share price moved against the tide.
On Friday morning, ITC share price today opened with an upside gap at ₹318.80 on the NSE. Within minutes of the opening bell, the stock climbed to an intraday high of ₹325.15, marking a gain of nearly 2%, even as broader markets struggled.
This move stood out clearly in a session where most frontline stocks were under stress.
The reason was simple and visible on the numbers — Q3 results 2026.
Main News: Why ITC Share Price Is Rising Despite Market Weakness?
While the broader stock market today witnessed intense selling, ITC share price showed resilience after the company announced its Q3 FY26 results on Thursday.
The performance reflected steady growth and controlled costs. Investors appeared to respond positively to:
- Stable revenue growth
- Improvement in margins
- Consistent profitability
Unlike momentum-driven rallies, this move in ITC share price came after fresh financial data, not speculation.
ITC Q3 Results 2026: Financial Snapshot
ITC’s third-quarter performance showed balanced growth across key metrics without sharp volatility.
Key financial highlights from Q3 FY26:
- Consolidated gross revenue: ₹19,200 crore
- Growth of 7.1% year-on-year
- Profit before tax (before exceptional items):
- Increased by 8.8% YoY
- Net profit (PAT):
- Growth of 9.9% YoY
- Standalone EBITDA:
- Rose 7.6% YoY
- EBITDA margin:
- Improved by 50 basis points to 35.1%
These numbers helped ITC share price remain firm while the stock market today stayed volatile.
Company Details: Segment-Wise Performance That Supported the Stock
ITC’s diversified business mix played a key role in cushioning the impact of market weakness.
FMCG-Others segment
- Delivered double-digit revenue growth
- Margins expanded sharply
- Strong traction across:
- Staples
- Biscuits
- Noodles
- Dairy
- Personal wash
- Homecare
- Agarbattis
- Digital-first and organic brands recorded a 60% YoY growth
- Segment PBIT surged 42% YoY
This segment continued to act as the growth engine during the quarter.
Cigarettes business
- Remained stable despite rising input costs
- Premiumisation and product innovation supported performance
- Continued to act as a steady cash generator
Agri and Paperboards businesses
- Benefited from:
- Value-added products
- Export demand
- Policy-led support
These segments added stability to overall earnings during Q3 FY26.
Why ITC Share Price Outperformed the Stock Market Today?
ITC share price strength can be traced back to three clear factors:
- Consistent revenue growth
- Margin discipline despite cost pressures
- Balanced performance across multiple businesses
In a session where sentiment was weak, ITC stood out as a stock backed by numbers rather than mood.
Summary: What Q3 Results 2026 Mean for ITC Share Price?
ITC share price moved higher while the stock market today remained under pressure, driven by a solid Q3 FY26 performance.
The company reported:
- Revenue growth of 7.1%
- Profit growth of nearly 10%
- Margin improvement to 35.1%
- Strong momentum in FMCG and stable earnings from core segments
This combination helped ITC maintain resilience at a time when broader markets struggled to find footing.
As the market digests Q3 results 2026, ITC’s performance highlights how steady execution and diversified operations can support share prices even during volatile trading sessions.
Source: Livemint
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