ICICI Prudential, MMTC and ITC among stocks that hit 52-week highs today in weak market
Indian equities have continued to trade lower as some of the announcements continue to weigh on sentiments. Sectorally, banking pack leads losses.
Indian equities traded lower after the historic budget announcement as the key capital gains tax hike is seen to weigh on investors in the medium term.
ITC
ITC shares have gone and breached Rs 500 mark for the first time as the Budget 2024 did not touched upon the tobacco related taxation
Avanti Feeds
Avanti Feeds shares hit a new 52-week high, extending previous day's gains, as Budget supports shrimp farming and allied activities
MMTC
MMTC shares last traded higher by 18 per cent and marked a fresh 52-week high of Rs 102.6.
ICICI Prudential
ICICI Prudential has hit a new 52-week high price after the company's good Q1. The stock's new 52-week high marked today is Rs 690.
Ashoka Buildcon
Ashoka Buildcon shares zoomed to a fresh high of Rs 258.45 given the government's continuous thrust on infra development.