HDFC Securities includes ITC in broad post-Q1FY27 coverage review
HDFC Securities has issued post-Q1FY27 reviews across ITC and a range of Indian companies, including Sun Pharma, Maruti Suzuki, Bajaj Finserv and Kajaria Ceramics. The available report excerpt does not specify ITC’s rating, target price or investment rationale.
HDFC Securities issued post-Q1FY27 reviews covering ITC and other Indian companies. The brokerage maintained constructive calls across several stocks and upgraded Kajaria Ceramics; the available excerpt does not detail ITC-specific ratings or targets.
Why this matters
The review follows ITC’s Q1 signals of a 5% cigarette-volume decline and a 15.6% profit fall, while FMCG-Others revenue grew 12% and cigarette volumes showed resilience after a tax hike.
Retail-company signals are accelerating, up 226517% quarter over quarter.