ITC stock hit high market cap crosses after 5 yrs
ITC stock is at a 52-week high, and experts are confident - the price will rise further ITC's stock gained tremendously by about 2 percent and it reached the level of Rs 324.20. However, profit-booking was also seen later, but the share price remained above Rs 320.
ITC's stock gained tremendously by about 2 percent and it reached the level of Rs 324.20. However, profit-booking was also seen later, but the share price remained above Rs 320. On february 24, the share price had gone up to the level of Rs 207. This is the 52-week low. ITC has crossed the market capitalization of Rs 4 lakh crore after 5 years. The last time ITC's market cap reached this level was in July 2017.
Let us tell you that in one year, the shares of ITC have gained about 55 percent. There is scope for further upside in ITC shares as several analysts have given a buy rating to the company. That is, it has been advised to buy the stock.