ITC surges on reporting 21% jump in Q2 net profit
Date: 19-10-2012ITC is currently trading at Rs. 295.45, up by 3.85 points or 1.32% from its previous closing of Rs. 291.60 on the NSE.
The scrip opened at Rs. 291.40 and has touched a high and low of Rs. 298.00 and Rs. 290.20 respectively. So far 78, 67,128 shares were traded on the counter.
The NSE stock of face value Rs. 1 has touched a 52 week high of Rs. 298.00 on 19-Oct-2012 and a 52 week low of Rs. 189.30 on 23-Nov-2011.
The Institutions and Non-Institutions held 52.10% and 47.60% respectively.
The company has posted a rise of 21.27% in its net profit at Rs 1836.42 crore for the quarter ended September 30, 2012 as compared to Rs 1514.31 crore for the same quarter in the previous year. The company’s total income has registered a growth of 18.11% at Rs 7411.56 crore for quarter under review as compared to Rs 6275.23 crore for the quarter ended September 30, 2011.
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.