{
  "id": 17911239,
  "title": "ITC shares rise 2% after Q2 results. What are Jefferies, Nuvama and others saying?",
  "url": "https://urgent.news/2026/11/03/itc-shares-rise-2-after-q2-results-what-are-jefferies-nuvama-and",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-03T04:05:48.000Z",
  "source": {
    "name": "The Economic Times - Top News",
    "slug": "the-economic-times-top-news",
    "url": "https://economictimes.indiatimes.com/markets/stocks/news/itc-shares-rise-2-after-q2-results-what-are-jefferies-nuvama-and-others-saying/articleshow/135481293.cms"
  },
  "original_language": "en",
  "account": null,
  "summary": "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 positive on the stock, with target prices ranging from Rs 300 to Rs 355.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}