ITC shares edge higher after rise in select cigarette brands, experts see 10% rally in short term | Target, outlook
Stock market today, Sept. 16 -- ITC's share price witnessed calibrated buying during the early-morning session on Wednesday. ITC share price today opened higher at Rs.259.40 per share on the NSE and touched an intraday high of Rs.263.55 apiece within a few minutes of the Opening Bell, logging an intraday high of around 2% against the previous close of Rs.258 per share.
While some experts believe this rally in ITC shares is due to the Indian stock market's recovery, others attribute it to the rise in the prices of select cigarette brands.
ITC share price | Waht is fuelling
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