Mumbai: Most brokerages maintained buy rating on ITC after it reported a 1.3% decline in net profit for the March quarter at Rs 3,748.4 crore, which was slightly higher than analysts’ expectations. ITC’s revenue from operations jumped 24% to Rs 14,157 crore, sharply higher than Street estimates. CLSA, Jefferies, IIFL and Kotak Institutional Equities have maintained buy rating on the stock and Morgan Stanley retained overweight. Shares of ITC

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