The ITC Ltd stock has projected a bearish outlook in today’s session registering weak trading of over 1 percent at Rs 300.45/ share on BSE, in the mid noon hours.
ITC share rallied over 6 percent on the previous day of trade, its single biggest gain in 14 months. The stock has also traded on a new 52-week high of Rs 304.90 share apiece, on BSE and Rs, 304.80 share apiece on NSE on the previous day trade.
The stock today attracted a traded volume of Rs 10,153,037 shares and a traded value of Rs. 30,486.52 lakhs on National Stock Exchange. Meanwhile, FMCG index was trading in bearish sentiments plunging over 153 pts or 0.61 percent at 25,076 levels.
ITC shares is presently trading at Rs 300.2, down by Rs 3.45 or 1.14 percent from its last closing of Rs 303.65 on the BSE. The scrip opened at Rs. 302 and has touched a high of Rs 303.75 and a low Rs 298.3. The current market capitalization of the company is Rs 3,68,855.29 crore. The holding of promoters in the company stood at zero percent, Institutions held 55.76 percent and Non-Institutions held and 44.04 percent.
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