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5 Stocks Hitting 52-Week High. What's Driving the Rally?

These five stocks have shown that if the fundamentals are strong then the company can survive even during bad and uncertain situations in the long run

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Banger stock: ITC hits fresh 52-week high, gains by 2%; top pick amid Q4 season

ITC is ICICI Direct's top pick amidst the Q4 earnings season. The brokerage estimates ITC's revenue growth at 6.3% led by strong 15.9% growth in cigarettes business. Further, ICICI Direct has factored in a 13% volume growth in cigarettes in Q4FY23.

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ITC exits its joint venture Espirit Hotel

The company also added that it had sold all of its shares worth Rs 10 and Espirit Hotels has ceased to be the company's joint venture company.

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