ITC shares hits record high after lower-than-expected excise duty hike
Thursday, February 2, 2017, 3:01 PM
Shares of ITC Ltd hit record on Thursday after finance minister Arun Jaitley announced lower-than-expected excise duty hike on cigarettes in the union budget 2017-18. ITC stock hit a record high of Rs279.90 a share and gained as much as 3.8%. The stock is gaining from the last three consecutive sessions and rose 9.3% in this period.