INSUBCONTINENT EXCLUSIVE:
ITC shares surged as much as 7 per cent on Friday, a day after the company surprised the Street with its earnings for the April-June period
ITC share price opened higher at Rs 300 apiece on stock exchange NSE and surged to an intraday high of Rs 307.15 during the session
ITC, the largest producer of cigarettes in the country, post-market hours on Thursday reported a 10 per cent year-on-year increase in net
profit for the June quarter.At Rs 2,819 crore, ITC's net profit in the three-month period ended June 30 was higher than analysts'
for the corresponding period a year ago
shares were the top gainer on benchmark indices Sensex and Nifty, which hit fresh record intraday highs on Friday and were on course to
register new record closing highs
On the BSE, ITC shares hit a fresh 52-week high of Rs 307.ITC shares traded with huge volumes.At 3:06 pm, ITC shares were trading 5 per cent
higher at Rs 303 on the BSE
