ITC gains on the BSE “FMCG” space

ITC Ltd. | Cigarettes/Tobacco | FMCG | BSE: 500875 | NSE: ITC

14 Dec 2011 Evaluate

ITC is currently trading at Rs 199.85, up by 2.50 points or 1.27% from its previous closing of Rs 197.35 on the BSE.

The scrip opened at Rs 197.05 and has touched a high and low of Rs 201.35 and Rs 197.00 respectively. So far 278048 shares were traded on the counter.

The BSE group 'A' stock of face value Re 1 has touched a 52 week high of Rs 216.10 on 28-Oct-2011 and a 52 week low of Rs 150.00 on 24-Feb-2011.

Last one week high and low of the scrip stood at Rs 206.30 and Rs 194.70 respectively. The current market cap of the company is Rs 153724.87 crore.

The Institutions holding in the company stood at 50.49% while and Non-Institutions held 49.20% of stake.

The other gainers of BSE “FMCG” space included Colgate Palmolive up by 1.23% and Dabur India up by 0.62%.

Recently, ITC’s subsidiary-ITC Infotech, launched its first indigenously developed sustainability management and reporting tool -- OptSustain. The web enabled tool from ITC Infotech further consolidates the company’s deep domain knowledge and competence in the areas of corporate reporting of environment, sustainability, and corporate responsibility.

Over the past few decades, the term sustainability management has emerged as an integral part of an organization’s business fundamentals. OptSustain simplifies the process of sustainability management in each of the stages of data capture, analysis, monitoring and reporting. OptSustain, with its pre-configured templates based on national and international reporting standards, will help users to input and validate data, and generate actual reports, charts, dashboards, analysis reports and plans, which are an integral part of any sustainability report and management performance report.

The tool also effectively captures and analyzes carbon footprint data, both at the enterprise and product level. It enables managing and reporting on international frameworks like GRI, UNGC, MDG, etc. while at the same time adhering to the Indian Ministry of Corporate Affairs `Responsible Business` guidelines.