ITC informed stock exchanges that it is set to acquire Sproutlife over the next three to four years and its price rose 1% to Rs 402.6 and hit a fresh all-time high from today.
ITC shares have risen 55% in the last one year and 5% in the past one month.
AS per reports, the company has now become the 11th listed Indian firm to cross Rs 5 trillion market capitalisation.
Detailing, the current price of Rs 398.5 per share, the company’s market capitalization on BSE stands at Rs 4.95 lakh crore. The NSE Nifty 50 was trading 10 points lower at 17,608 while BSE Sensex was up 12 points at 59,580.12.
