Business
ITC Stock Falls Below Moving Averages Amidst Market Volatility
ITC, one of the prominent stocks in the market, experienced a downward trend in its stock price as it fell below its moving averages amidst market volatility. The ITC Stock Liveblog provides real-time updates and analysis on the stock’s performance.
Recently, ITC’s stock price dipped below its 100-day Simple Moving Average (SMA) of Rs 448.99, with the current price standing at Rs 448.8. This reflects a decrease of 1.50% compared to the previous day. Moreover, over the past three months, the average daily volatility of ITC has been 2.86%, indicating fluctuations in the market.
Trading at a price of Rs 450.8, ITC showed a decrease of 1.07% compared to the previous day. Additionally, the stock’s beta over the past six months is 0.6849, indicating lower volatility compared to the market. Despite the recent decrease, ITC has delivered a remarkable return of 62.51% over the past five years.
Looking at dividend payments, ITC has a history of providing dividends to its investors. Investors can explore the history of dividend payments, dividend yield, and upcoming dividends for more information.
It is important to note that the stock market is subject to fluctuations and uncertainties. The ITC Stock Liveblog aims to provide valuable information and informed recommendations to investors, offered by experts in the field. Stay updated with the latest developments and enhance your investment potential with the comprehensive coverage provided by the ITC Stock Liveblog.