ITC is currently trading at Rs. 355.55, up by 2.40 points or 0.68 % from its previous closing of Rs. 353.15 on the BSE.
The scrip opened at Rs. 354.00 and has touched a high and low of Rs. 355.85 and Rs. 351.90 respectively. So far 51494 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 386.75 on 16-May-2014 and a 52 week low of Rs. 307.60 on 22-Nov-2013.
Last one week high and low of the scrip stood at Rs. 358.05 and Rs. 349.40 respectively. The current market cap of the company is Rs. 281370.09 crore.
The Institutions and Non-Institutions held 54.24 % and 45.50 % respectively.
ITC is targeting to achieve 18 per cent market share in agarbatti segment with its brand Mangaldeep in the next couple of years. Mangaldeep is the only pan-India player in the industry and it makes over 600 million sticks a month at over 20 facilities across the country. ITC commands close to 10 per cent share of this market, and has been growing at 30 per cent year-on-year for the past three years.
The agarbatti market, which is pegged at Rs 3,500 crore, is highly fragmented with a lot of regional players. The size of the branded segment would be around Rs 2,500 crore, with 10 brands accounting for 45 per cent of it.
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.
| Company Name | CMP |
|---|---|
| ITC | 306.80 |
| Godfrey Phillips | 2207.10 |
| VST Industries | 265.10 |
| The Indian Wood Pro. | 34.45 |
| NTC Industries | 172.00 |
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