ITC is trading higher by 1.5% at Rs 347, extending its 5.3% rally in past three trading sessions, on reports that the cigarette maker has hiked the prices of Gold Flake, its largest selling brand by over 7%.
The stock is currently trading nears to its record high of Rs 356 touched on May 30, 2013 on the National Stock Exchange (NSE).
The fast moving consumer goods company has hiked prices of its Gold Flake Filter cigarettes to Rs 59 from Rs 55 per 10 sticks, while Gold Flake Regular cigarette brand by 2% to Rs 59 from Rs 58 per 10 sticks.
The stock opened at Rs 342 and hit a high of Rs 349 on NSE. A combined 4.92 million shares have changed hands on the counter till late noon deals on BSE and NSE.
The stock is currently trading nears to its record high of Rs 356 touched on May 30, 2013 on the National Stock Exchange (NSE).
The fast moving consumer goods company has hiked prices of its Gold Flake Filter cigarettes to Rs 59 from Rs 55 per 10 sticks, while Gold Flake Regular cigarette brand by 2% to Rs 59 from Rs 58 per 10 sticks.
The stock opened at Rs 342 and hit a high of Rs 349 on NSE. A combined 4.92 million shares have changed hands on the counter till late noon deals on BSE and NSE.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%