ITC gains on increasing India Kings 20 cigarette pack’s price by Rs 20

ITC is currently trading at Rs 346.25, up by 5.25 points or 1.54% from its previous closing of Rs 341.00 on the BSE. The scrip opened at Rs 340.00 and has touched a high and low of Rs 347.55 and Rs 340.00 respectively. So far 259194 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 285.40 on 28-Aug-2013. Last one week high and low of the scrip stood at Rs 349.00 and Rs 336.75 respectively. The current market cap of the company is Rs 276214.04 crore. The Institutions and Non-Institutions held 53.94% and 45.80% respectively. ITC has increased price of India Kings 20 cigarette pack by Rs 20. Following the price hike, the cost of 20 cigarette pack has increased to Rs 200 from Rs 180 per pack earlier. Earlier in March, the company had increased price of gold flake kings and classic 20-stick pack by 13%. 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.