ITC hits 52-week high as Future group stocks sink to fresh lows in broad market rally
ITC touched a new 52-week high of Rs 327.70 as the Sensex climbed to 59,294 and 200 BSE stocks notched fresh peaks. In contrast, Future Retail, Future Enterprises and Future Lifestyle Fashions slid to 52-week lows, underscoring the Future group's deepening distress against resilient consumer-retail names.
ITC hit a new 52-week high of Rs 327.70 amid a broad market rally, while Future Retail, Future Enterprises and Future Lifestyle Fashions sank to fresh 52-week lows, reflecting the Future group's distress versus consumer-retail strength.
Why this matters
ITC continues a streak of 52-week highs even as the Future Retail trio repeatedly slumps to fresh lows, reinforcing a widening gap between resilient FMCG names and the distressed Future group.
Retail-company signals are accelerating, up 448300% QoQ.