The stock price of government-run company ITDC Ltd., (Indian Tourism Development Corporation) on Friday went up by almost 20% at Rs 630.15.
The stock breached its upper circuit and locked in there, achieving a new 52-week high of Rs 630.15. The spurt in volume was more than 5 times.
The stock has delivered over 120% returns in a period of one year, outperforming the BSE Small-cap and Nifty Service sector indices over the same time span, as mentioned in a national news portal.
The India Tourism Development Corporation Limited (ITDC) is a hospitality, retail and education company owned by Government of India, under Ministry of Tourism. The company operates hotels and tours & travels. The segment includes duty-free shops, operations, travels & tours operations, and many others.