ITC shares hit fresh 52-week high: Will the rally continue?


It is impossible to predict whether a particular surge in stock price will last, as the market is unpredictable. Generally speaking, a strong surge in the stock price is often followed by a period of consolidation before the stock price begins to trend upwards or downwards again. Investors should pay close attention to the fundamentals behind the stock, the news being released about the company, and the financial health of the company before making an investing decision.