[ad_1] Riding on strong fourth quarter data on strong growth in the cigarette business, shares climbed to 3-year highs recently, while benchmark indices struggled to contain the bears. Shares of the FMCG major hit a 52-week high of Rs 282.35 in May and have gained 23 per cent so far this year. With the recent rally in share prices, there has been an increase in over-the-counter exposure by foreign portfolio investors (FPIs) after four quarters of sell-offs. Market experts are now overweight on the stock and believe that it is…