Resurfacing a September 2022 move: ITC hit fresh 52-week high as Future Group retail stocks slid to new lows
Back on September 5, 2022, ITC touched a 52-week high of Rs 327.70, joining roughly 200 BSE stocks at fresh highs, while Future Retail, Future Enterprises and Future Lifestyle Fashions sank to 52-week lows. Patanjali Foods, Vedant Fashions and Indian Hotels also scaled new highs amid a broadly firmer market that day.
ITC hit a fresh 52-week high while retail-linked stocks Future Retail, Future Enterprises and Future Lifestyle Fashions fell to 52-week lows. Patanjali Foods, Vedant Fashions and Indian Hotels also touched new highs amid a broadly higher market.
Why this matters
This resurfaces alongside prior recaps of the same September 2022 session where ITC's 52-week high coincided with Future Retail group and Biocon lows, and follows ITC's July 31 Q1 FY27 board meeting note.
Retail-company signals are accelerating, up +899500% QoQ.