Buzzing Stocks: ITC, FSN E-Commerce, Jubilant FoodWorks, Nykaa
ITC Trades Near 52-Week High
ITC Ltd., a conglomerate with businesses ranging from cigarettes to hotels, is trading near its 52-week high amidst a strong rally in its stock price. The company has benefited from the easing of pandemic-related restrictions, as well as positive analyst recommendations.
Jubilant FoodWorks Delivers Strong Growth
Jubilant FoodWorks Limited, the operator of Domino's Pizza and Dunkin' Donuts franchises in India, has witnessed a notable increase in delivery percentage and strong trading. The company's shares have been performing well, reflecting its positive financial performance and growth prospects.
Nykaa Shares Rise on Subscription
Shares of FSN E-Commerce Ventures Ltd., the parent company of online beauty and fashion retailer Nykaa, have risen after the company announced a subscription-based platform for its beauty products. The move is seen as a potential revenue booster for Nykaa.
Hi Tech Pipes Surges on Contract Win
Hi Tech Pipes Ltd. has seen a surge in its stock price following the announcement of a major contract win. The company has secured an order for the supply of gas transmission pipelines, which has boosted investor sentiment and led to increased demand for its shares.
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