Public RelationsITC flares up to 52-week high
ITC flared up to a fresh 52-week high of Rs 270, and finally settled with a gain of 3.5% at Rs 269. The counter clocked heavy volumes of around 1.43 million shares on the BSE.
- ITC hikes prices of two cigarette brands - IRDA mulls allowing life insurers to invest in derivatives - Citigroup, Stanchart pick up stakes in Sundaram Multi Pap - EPFO decision on entering stock mkts likely by Dec 5 - FII inflow crosses record Rs 71,900 cr-mark - Justice Kapadia recuses from matter involving ITC
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(Updated at 1203 hrs)
The stock price of ITC today touched a fresh 52-week high of Rs 268 on the BSE.
The stock opened at Rs 261, and is now trading at Rs 267, up almost 3%. The counter has seen significantly higher volumes of around 536,973 shares as against its two-week average daily traded volumes of around 441,112 shares on the BSE.
The company had recently increased prices of two of its cigarette brands, India Kings and Benson & Hedges, by Rs 10 and Rs 5, respectively.