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ITDC hits 52-week high; stock zooms over 80% in less than three weeks

The stock hit an intra-day high of Rs 326, rallied 84% since December 28, 2016.

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The Ashok

SI Reporter Mumbai
India Tourism Development Corporation (ITDC) has moved higher to its 52-week high of Rs 326, up 8% on the BSE in intra-day trade extending its over 70% surge in past 12 trading sessions.

Since December 28, in less than three weeks, the stock of ITDC has zoomed 84% from Rs 177 after the company informed BSE that the listing of equity shares of ITDC shall be listed and admitted to dealings on the National Stock Exchange (NSE) w.e.f. December 30, 2016. The S&P BSE Sensex was up 3.9% during the same period.

“The Exchange has sought clarification from