Resurfacing a September 2022 move: ITC hit a fresh 52-week high as Future Retail group stocks touched new lows
ITC rose to Rs 327.70 per share, a fresh 52-week high, during a broader Indian market rally on September 5, 2022 — a move now resurfacing. Future Retail, Future Enterprises and Future Lifestyle Fashions were among stocks marking new 52-week lows at the time.
ITC reached a fresh 52-week high of Rs 327.70 as Indian equities gained, while Future Retail, Future Enterprises and Future Lifestyle Fashions were among stocks falling to new 52-week lows.
Why this matters
The resurfacing follows recent signals on ITC hitting a 52-week high, while Future Retail fell to a fresh low, and ITC's planned Rs 8 final dividend payment.
Retail-company signals are accelerating, up 386267% QoQ.