ITC hits 52-week high at Rs 327.70 as Future Retail, Biocon sink to fresh lows

ITC touched a fresh 52-week high of Rs 327.70, topping its prior Rs 324.20 peak, as 200 BSE stocks hit highs during a broad rally with Sensex at 59,294 and Nifty at 17,678.30. But Future group names—Future Retail, Future Enterprises and Future Lifestyle Fashions—slid to new 52-week lows, underscoring the widening gap between resilient consumer stocks and distressed retail players.

— Filed Thu, 2 Jul, 2026, 07:48 IST · Source Financial Express · BrandWagon · Updated

ITC hit a fresh 52-week high of Rs 327.70 amid a broader market rally, while retail-linked stocks Future Retail, Future Enterprises and Future Lifestyle Fashions slid to new 52-week lows; several consumer names also touched highs.

Why this matters

ITC's high extends its momentum after Q1 FY26 net profit rose 3% to Rs 5,244 crore and its cola war entry under B Natural, signaling investor confidence in resilient FMCG names versus Future group distress.

Retail-company signals accelerating, up 490300% QoQ.