Albeit, on the weekly chart, not much has changed and the prices continues to consolidate between the 15700 - 16400 range
The stock has surged 48.78% from its 52-week low of Rs 163.40 recorded on 29 October 2020.
Overall, the pandemic-related disruption impacted most consumer companies but weighed heavily on ITC which reported a sharp earning decline in FY21
Nifty FMCG index of which ITC Ltd is a constituent, has risen around 2.85% in last one month
Shares of ITC advanced 2.80% in three trading sessions from a recent closing low of Rs 205.25 on Friday, 12 March 2021.
Shares of ITC traded 3.09% down at Rs 219.45 at around 11.50 am (IST)