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Shares of FMCG major ITC rose nearly 4 per cent, hitting 52-week high, on the Bombay stock Exchange after the company reported a 12.13 per cent growth in its standalone net profit at Rs 2,669.47 crore for the fourth quarter ended March 31, 2017, helped by spurt in revenue from cigarette segment. Boosted by strong Q4, shares of the company gained as much as 3.64 per cent to hit 52-week high of Rs 319.90 apiece on the Bombay Stock Exchange.
Shares of FMCG major ITC rose nearly 4 per cent, hitting 52-week high, on the Bombay stock Exchange after the company reported a 12.13 per cent growth in its standalone net profit at Rs 2,669.47 crore for the fourth quarter ended March 31, 2017, helped by spurt in revenue from cigarette segment. Boosted by strong Q4, shares of the company gained as much as 3.64 per cent to hit 52-week high of Rs 319.90 apiece on the Bombay Stock Exchange.
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