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ITC Ltd sees good buying support

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ITC Ltd is quoting at Rs 250.35, up 1.56% on the day as on 12:49 IST on the NSE. The stock is down 12.47% in last one year as compared to a 14.9% gain in NIFTY and a 11.45% gain in the Nifty FMCG index.

ITC Ltd rose for a third straight session today. The stock is quoting at Rs 250.35, up 1.56% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.03% on the day, quoting at 11658.85. The Sensex is at 39250.47, down 0.12%. ITC Ltd has dropped around 1.77% in last one month.

 

Meanwhile, Nifty FMCG index of which ITC Ltd is a constituent, has dropped around 2% in last one month and is currently quoting at 31501.45, up 0.77% on the day. The volume in the stock stood at 101.41 lakh shares today, compared to the daily average of 195.02 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 251.5, up 1.66% on the day. ITC Ltd is down 12.47% in last one year as compared to a 14.9% gain in NIFTY and a 11.45% gain in the Nifty FMCG index.

The PE of the stock is 23.63 based on TTM earnings ending June 19.

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First Published: Oct 22 2019 | 1:05 PM IST

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