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“We want to focus our attention in the near future around cloud, engineering services, data, security and digital transformation. This is where we are seeing the largest increase in our pipeline.”

The stock quoted a 52-week high price of Rs 3248.0 and a 52-week low of Rs 2311.3.

The crypto platforms want Indians to expand their Diwali investments to Bitcoin.

The Nifty IT index has risen over 200 per cent since April 2020 led by spectacular gains in constituents like Infosys, Wipro, Tata Consultancy Services and others.

“These are extraordinary times for India and I believe that this bull market is going to extend for several years,” says Nilesh Shah.

A total of 14,747 shares changed hands on the counter till 01:31PM (IST).

The stock traded at a P/E multiple of 26.16, while the price-to-book value ratio stood at 3.36.

Promoters held 48.08 per cent stake in the company as of 08-Sep-2021, while FII and DII ownership stood at 27.41 per cent and 8.8 per cent, respectively.

ITC shares have been dormant for a long time, even when its peers were delivering multibagger returns. Analysts, though, were unfazed saying its fundamentals are intact and the stock deserves better valuations.

A total of 1,345 shares changed hands on the counter till 12:34PM (IST).