ITC outperforms in weak market; stock gains 7% in last five days

In the past six months, the market price of ITC has gained 5.5 per cent, as compared to a 7 per cent decline in the Sensex.

Shares of cigarettes-to-hotels major ITC were trading 2 per cent up at Rs 223 on the BSE in Friday’s weak intra-day trade. The stock has rallied 7 per cent in the past five trading days.  Meanwhile, at 12:02 pm, the S&P BSE Sensex was down 1.5 per cent at 54,296 points. 

In the past one month, the stock of ITC has gained 4 per cent, as compared to a 3 per cent fall in the Sensex. Moreover, in the past three months, it has risen marginally by 0.09 per cent as against a 6 per cent downfall in the benchmark