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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Stocks of GMDC (Gujarat Mineral Development Corporation) rose 5.20 percent at Rs. 133.60, topping the gainers in BSE A-group. Shares of 8.23 lakh have been traded on the counter, as against the average daily volumes (ADV) of 2.73 lakh shares in the past 2 weeks.
The Calcutta Electric Supply Corporation (CESC) rose 4.71 percent at Rs. 868.85, as the second biggest gainer in BSE A-group, where 4.05 lakh shares were traded on the counter versus the ADV 96,000 shares in the last 2 weeks.
ITC Limited rose 4.32 percent at Rs. 290.05, holding the third biggest gainer in BSE A-group, where, 16.15 lakh shares have been traded on the counter so far as against the ADV of 5.86 lakh shares in the past two weeks.
Colgate Palmolive India Limited rose 3.90 percent at Rs 1,017.55. Its stock was the fourth biggest gainer in BSE A-group. So far 64,000 shares were traded on the counter against the ADV of 24,000 shares in the past two weeks.
Suzlon Energy Limited rose 3.25 percent at Rs 20.65. It was the fifth biggest gainer in BSE A-group. Shares of 1.06 Cr, has been traded on the counter against the ADV of 77.50 lakh shares in the past two weeks.
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