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ITC trading higher for third straight day; stock up 6% in three days

The stock was up 4% at Rs 278 on Wednesday, trading higher for the third straight trading day on the BSE, on back of heavy volumes.

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SI Reporter Mumbai
Shares of ITC were up 4% at Rs 278 per share on the BSE on Wednesday, trading higher for the third straight trading day, on back of heavy volumes.

In past three days, the stock outperformed the market by gaining 6.5% from Rs 261 on Friday, April 13, 2018. On comparison, the S&P BSE Sensex was up 0.83% during the same period. ITC was trading close to its 52-week low of Rs 250 touched on November 15, 2017.

The trading volumes on the counter nearly doubled with a combined 11.37 million shares changed hands on the BSE and