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ITC inches up on the buzz to set up overseas hotel at Colombo

02 Feb 2016 Evaluate

ITC is currently trading at Rs. 324.75, up by 0.05 points or 0.02% from its previous closing of Rs. 324.70 on the BSE.

The scrip opened at Rs. 325.00 and has touched a high and low of Rs. 325.40 and Rs. 321.40 respectively. So far 31331 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 409.70 on 28-Feb-2015 and a 52 week low of Rs. 294.50 on 15-Jun-2015.

Last one week high and low of the scrip stood at Rs. 325.65 and Rs. 307.15 respectively. The current market cap of the company is Rs. 261042.44 crore.

The Institutions and Non-Institutions held 55.93% and 44.06% respectively.

ITC is reportedly planning to set up its first overseas hotel at Colombo, Sri Lanka in 2018. The Sri Lankan property will be a super-premium one and branded as ‘ITC’. The company is also exploring other overseas destinations such as Dubai, Far East nations and Europe.

ITC Hotels, whose commitment to responsible luxury has given it the unique distinction of being the greenest luxury hospitality chain in the world, has four brands. ‘ITC Hotels’ for the super premium luxury ones, ‘WelcomHotels’ for business and leisure travellers, ‘Fortune Hotels’ in the mid-market to upscale properties and ‘WelcomHeritage’ through which it runs a chain of palaces, forts, ‘havelis’ and resorts.

ITC has business a 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.


ITC Share Price

306.80 3.35 (1.10%)
17-Apr-2026 16:59 View Price Chart
Peers
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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