ITC reports 6% rise in Q3 net profit
ITC has reported results for third quarter ended December 31, 2016.
The company has reported 5.71% rise in its net profit at Rs 2646.73 crore for the quarter under review as compared to Rs 2503.76 crore for the same quarter in the previous year. Total income of the company increased by 4.75% at Rs 14257.91 crore for the quarter under review as compared Rs 13610.82 crore for the corresponding quarter previous year.
ITC has business a interests in cigarettes, hotels, paperboards and specialty papers, packaging, agri-business, packaged foods and confectionery, information technology, branded apparel, personal care, stationery, safety matches and other FMCG products.
Technical Levels of ITC
Support at 258 and resistance 270
Break and sustain below 258 will take to 250—245 and then to 235 else could touch its resistance level of 270.00
Fresh buying can be initiated above 270.00
More will update soon!!
More will update soon!!
