ITC shares eye fresh record high, Rs 500 target in sight?
The stock of ITC has proved to be a dark horse this year. The FMCG share, termed as a defensive and safe bet for long, has surged 50 per cent in 2022. Shares of ITC, which closed at Rs 218 on December 31 climbed to a record high of Rs 330.55 level today, translating into a gain of 51.62 per cent during the period. Before the ongoing rally, ITC stock had been in a consolidation mode. It stood at Rs 216 on December 11, 2020. In fact, the stock closed at Rs 208 on February 24 this year, the day ...
Source: businesstoday.in