ITC Touches New 52-Week Highs On Improved Outlook

ITC shares surged to fresh 52-week highs on the BSE on Monday due to an improvement in the company's outlook. The shares of the cigarette and fast moving consumer goods major touched an intra-day and yearly high of Rs 239.40, up 4 per cent, on the BSE in early morning trading, a level last seen on February 9. At 12:45, ITC shares were trading at Rs 236, higher by 2.1 per cent, on the BSE.