ITC Hotels share price jumps 6% after Q2 results - Is it the right time to buy the stock? Experts decode
New Delhi, Oct. 27 -- ITC Hotels share price jumped 6% in morning trade on the BSE on Tuesday, 27 October, a day after the company reported its September quarter (Q2FY27) earnings. ITC Hotels shares opened at Rs.168.65 against their previous close of Rs.164.40 and rose 6% to an intraday high of Rs.174.30, looking set to extend gains for the second consecutive session. In the previous session, the stock jumped 5%.
During market hours on Monday, the company said its profit for the September quarter jumped 51.4% year-on-year (YoY) to Rs.201.02 crore. Revenue from operations for the quarter stood at Rs.1,054.14 crore, up 25.6% YoY.
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