ITC Shares Fall Marginally, FMCG Stock Shows Resilience Amid Market Weakness as Nifty and Sensex Slide

ITC Shares Display Resilience Amid Indian Equity Market Weakness

Indian equity markets experienced a weak session, with the Nifty slipping below the 25,900 mark and the Sensex declining by nearly 300 points. In contrast, shares of FMCG major ITC demonstrated notable resilience.

• The stock traded marginally lower at ₹317.85, down just 0.13%, significantly outperforming the broader indices.
• Despite being in the red, the limited downside indicates strong investor confidence and defensive buying interest, especially during volatile sessions.
• Such performance suggests that investors view ITC as a relatively safe haven during periods of uncertainty, helping it withstand broader market declines better than many other stocks.

ITC's remarkable 5-year return of 45.99% and 3-month return of -21.78% raise concerns among investors. The company's recent performance has sparked caution among investors and analysts.

ITC Announces Interim Dividend

The company recently announced an interim dividend of ₹6.50 per equity share of face value ₹1 for the financial year ending March 31, 2026. The board has fixed Wednesday, February 4, 2026, as the record date to determine the eligibility of shareholders entitled to receive the dividend.

• Investors holding ITC shares in their demat accounts as of February 4 will qualify for the payout.
• The dividend will be credited between February 26 and February 28, 2026.

ITC Shares Experience Gains

On February 6th, ITC shares gained nearly 6 percent to trade at Rs 327.7 apiece on Friday, snapping a two-session losing streak. The stock later pared some gains to close at Rs 326.35 (up more than 5%).

Q3 FY26 Results

ITC reported a 6.4 percent YoY rise in net profit to Rs 5,087.87 crore for the October-December quarter of FY26, as against Rs 5,436.3 crore in the same period of the previous financial year.

• The company's revenue from operations surged 6.66 percent to Rs 21,706.64 crore during the quarter under review.

Disclaimer: The information provided in this article is for general information purposes only and should not be considered as investment advice.