ITC to invest Rs. 4500 crore in WB

The company reportedly said that it will establish 3.5 msf ITC Infotech & Related Infrastructure In West Bengal.

ITC Chairman YC Deveshwar reportedly said that it is planning to invest Rs.4,500 Cr in West Bengal.

The company reportedly said that it will establish 3.5 msf ITC Infotech & Related Infrastructure In West Bengal.

ITC Ltd is currently trading at Rs. 316.05, up by Rs. 6.45 or 2.08% from its previous closing of Rs. 309.6 on the BSE.

The scrip opened at Rs. 310 and has touched a high and low of Rs. 316.9 and Rs. 309.3 respectively. So far 4958152(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 248815.93 crore.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 409.7 on 28-Feb-2015 and a 52 week low of Rs. 294.5 on 15-Jun-2015. Last one week high and low of the scrip stood at Rs. 328.5 and Rs. 308.8 respectively.

The promoters holding in the company stood at 0 % while Institutions and Non-Institutions held 55.81 % and 43.94 % respectively.

The stock is currently trading above its 50 DMA.