ITC has signed a share purchase agreement with Sunrise Foods Private Limited to acquire the spices company with strong presence in Eastern India.
FMCG and cigarettes major ITC moved 7 percent and closed Rs 189 after the company announced that it has resumed supplying of cigarettes as the government has eased lockdowns.
Market expert Mitesh Thakkar has suggested three BUY calls and just one SELL call for the trading session.
Technical analyst Sudarshan Sukhani has suggested all BUY Calls for traders for today’s session, indicating bullish trend in the market.