Shares of ITC gained by 1% to end at Rs240. According to reports, the company plans to invest Rs80bn in the next five years to scale up its hotel business. Besides investing Rs80bn for hotel expansion, the company is also investing Rs40bn-50bn in a greenfield paper plant.
The stock opened at Rs240 and made an intra-day high of Rs245 and a low of Rs232. Total traded volumes stood at 0.89mn shares
