India Tourism Development share price jumped over 16% in Thursday's trading session amid stock market rally.
India Tourism Development shares opened at ₹629.65 apiece today, same as previous close on Wednesday. The stock surged 16% during the intraday session, touching day's high of ₹736 per share on NSE on 10 September. The market capitalisation of India Tourism Development stood at ₹6,119.65 crore, as of 12:55 pm.
The stock rally came in after the India Tourism Development share price witnessed heavy trading volume today. According to data available on NSE, around 54.64 lakh shares changed hands during the Thursday's session so far.
The stock saw a significant rise ahead of its dividend record date. In August, the company announced a final dividend of ₹2.95 per share of face value of ₹10, subject to board approval. The company had fixed 15 September as the record date for determining shareholders' eligibility for the payment of dividend.
Meanwhile, Indian benchmark indices opened higher on Thursday, with the BSE Sensex rising 68.06 points, or 0.09%, to 74,832.29. The broader NSE Nifty 50 also gained 15.10 points, or 0.06%, to trade at 23,446.60.