FMCG major ITC, witnessed a sharp rise in share price on Wednesday after The Health Minister accepted recommendations of the expert panel to ban sale of loose cigarettes. Also, the health minister has circulated draft note on ban of sale of loose cigarettes.
Shares of the company are trading at Rs 362.50, up Rs 6.8, or 1.91% at the Bombay Stock Exchange (BSE) on Wednesday at 10:09 a.m. The scrip has touched an intra-day high of Rs 366 and low of Rs 357.60. The total volume of shares traded at the BSE is 180,765.