Monday 23 May 2016

ITC rallies 6%

The company reported standalone net profit of Rs.2,495.20 crore for the quarter ended March 31, 2016, registering growth of 5.68% yoy, but decline of 5.94% qoq.

ITC Ltd stock was higher by 7% at Rs. 351.The company reported standalone net profit of Rs.2,495.20 crore for the quarter ended March 31, 2016, registering growth of 5.68% yoy, but decline of 5.94% qoq.

The scrip opened at Rs. 0 and touched a high and low of Rs. 0 and Rs. 0 respectively. A total of 13509419(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 265517.59 crore.

The BSE group 'A' stock of face value Rs. 1 touched a 52 week high of Rs. 359.75 on 26-Oct-2015 and a 52 week low of Rs. 268 on 29-Feb-2016. Last one week high and low of the scrip stood at Rs. 337.85 and Rs. 317 respectively.

The promoters holding in the company stood at 0 % while Institutions and Non-Institutions held 55.62 % and 44.16 % respectively.

The stock traded above its 50 DMA.

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