Wednesday 11 December 2013

ITC trades higher on the bourses

ITC is currently trading at Rs. 320.80, up by 3.05 points or 0.96% from its previous closing of Rs. 317.75 on the BSE.

The scrip opened at Rs. 317.85 and has touched a high and low of Rs. 321.20 and Rs. 317.55 respectively. So far 1,98,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 380.00 on 24-Jul-2013 and a 52 week low of Rs. 272.20 on 11-Jan-2013.

Last one week high and low of the scrip stood at Rs. 321.20 and Rs. 307.80 respectively. The current market cap of the company is Rs. 2,54,242 crore.

The institutions and non-institutions held 53.62% and 46.08% stake in the company, respectively.

Diversified conglomerate ITC has launched new range in gold flake cigarette. The new pack of cigarette will be available at Rs 180 per pack of 20.

Recently, the company increased price of Flake Excel Cigarette by Rs 4 per pack of 10, Capstan Cigarette by Rs 5 per pack of 10 and increased Flake Filter Cigarette price by Rs 5 per pack of 10.

ITC, a diversified conglomerate has business interests in cigarettes, hotels, paperboards and specialty papers, packaging, agri-business, packaged foods and confectionery, information technology, branded apparel, personal care, stationery, safety matches and other FMCG products.

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