ITC 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.

_____________________________________________________
(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.