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ITC inches up on plan to raise investment in integrated food park in Punjab to Rs 1,700 crore

17 Aug 2017 Evaluate

ITC is currently trading at Rs. 279.35, up by 0.05 points or 0.02% from its previous closing of Rs. 279.30 on the BSE.

The scrip opened at Rs. 280.50 and has touched a high and low of Rs. 281.00 and Rs. 278.10 respectively. So far 164392 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 353.20 on 03-Jul-2017 and a 52 week low of Rs. 222.05 on 26-Dec-2016.

Last one week high and low of the scrip stood at Rs. 281.70 and Rs. 270.05 respectively. The current market cap of the company is Rs. 340502.37 crore.

The Institutions and Non-Institutions held 55.95% and 44.05% stake respectively, in the company.

ITC has decided to further increase its investment in the integrated food park at Kapurthala in Punjab to Rs 1,700 crore. The food park would generate around 5,000 jobs for the people of the state.

The food park, for which the MoU was originally signed in 2013 will mark further expansion in the investments of ITC, which is already running three hotels in the state. The initial investment planned in the project was Rs 680 crore, which was subsequently, in 2015, enhanced to Rs 1,400 crore, which the company now plans to increase further to Rs 1,700 crore.

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

306.55 -2.60 (-0.84%)
22-Apr-2026 11:47 View Price Chart
Peers
Company Name CMP
ITC 306.55
Godfrey Phillips 2184.80
VST Industries 264.80
The Indian Wood Pro. 33.80
NTC Industries 168.10
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