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The stock was the best performer among Nifty 500 constituents for the day, and has gained 17% so far in the month.Shares of Future Consumer snapped a four-day losing streak and were up nearly 8%. The stock hit a lifetime high of Rs70.40 earlier today.
It was the best performer among Nifty 500 constituents for the day, and has gained 17% so far in the month.
Last week, brokerage firm Morgan Stanley initiated coverage on the stock with an 'overweight' rating, and a price target of Rs95.
The stock is currently trading at Rs68, up by Rs4.5 or 7.09% from its previous closing of Rs63.5 on the BSE.
The scrip opened at Rs64.7 and has touched a high and low of Rs70.3 and Rs63 respectively.
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