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ITC strengthens as its business unit ILTD develops farm mechanization solution

26 Feb 2013 Evaluate

ITC is currently trading at Rs. 295.00, up by 2.95 points or 1.01% from its previous closing of Rs. 292.05 on the BSE.

The scrip opened at Rs. 292.75 and has touched a high and low of Rs. 295.40 and Rs. 291.55 respectively. So far 35938 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 310.75 on 04-Feb-2013 and a 52 week low of Rs. 203.60 on 02-Mar-2012.

Last one week high and low of the scrip stood at Rs. 305.55 and Rs. 289.30 respectively. The current market cap of the company is Rs. 232599.84 crore.

The Institutions and Non-Institutions held 52.48% and 47.22% stake in the company, respectively.

Tobacco major, ITC’s Agri Business Division - ILTD, which works with the tobacco farmers in Mysore and Hassan districts, has developed affordable farm mechanization solution for small tobacco farmers. In order to develop farm solutions, ILTD imported the technology from a manufacturer in Italy.

With the help of this solution, the company can save 50% of the labor requirement in tobacco cultivation. This solution is likely to benefit 60,000 farm families and laborers, as labor shortage always hinders operations timeline, impacts crop quality and the export potential.

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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