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ITC shares rise 2% after Q2 results. What are Jefferies, Nuvama and others saying?

Economic TimesITC shares rise 2% after Q2 results. What are Jefferies, Nuvama and others saying?
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ITC shares gained 2% despite an 18.5% year-on-year decline in Q2 net profit, as higher taxes and falling cigarette earnings weighed on profitability. However, its FMCG business delivered strong growth. Jefferies, Nuvama, Emkay and DAM Capital remain…

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