ITC Shares Up 3% After Earnings; Market Valuation Jumps Rs 11,276 Crore

Shares of ITC jumped over 3 per cent on Thursday after the company reported an 11.60 per cent rise in consolidated net profit for the fourth quarter ended March.

Shares of ITC jumped over 3 per cent on Thursday after the company reported an 11.60 per cent rise in consolidated net profit for the fourth quarter ended March.

The stock gained 3.43 per cent to settle at Rs 275.65 on the BSE. During the day, it jumped 4.74 per cent to its 52-week high of Rs 279.15.

At the NSE, it went up by 3.35 per cent to end at Rs 275.75 apiece.

The company's market valuation jumped by Rs 11,276.55 crore to Rs 3,39,690.55 crore on the BSE.