ITC Ltd.

BSE: 500875 | NSE: ITC
Large Cap | Cigarettes/Tobacco
332.90
3.65 (1.11%)
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ITC rises on increasing price of Gold Flake sleek line kings cigarette by 9.1%

Date: 30-12-2013

ITC is currently trading at Rs. 322.65, up by 0.55 points or 0.17% from its previous closing of Rs. 322.10 on the BSE.

The scrip opened at Rs. 322.80 and has touched a high and low of Rs. 324.00 and Rs. 320.30 respectively. So far 108184 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 380.00 on 24-Jul-2013 and a 52 week low of Rs. 272.20 on 11-Jan-2013.

Last one week high and low of the scrip stood at Rs. 324.00 and Rs. 315.00 respectively. The current market cap of the company is Rs. 255086.51 crore.

The institutions and non-institutions held 53.62% and 46.08% stake in the company, respectively.

ITC has increased price of its Gold Flake sleek line kings cigarette by 9.1%. Following price hike, the Gold Flake sleek line kings 16-stick pack now costs Rs 120.

Earlier this year, the company had increased cigarette prices by up to 20 per cent, after the government had raised the excise duty on cigarettes in Budget 2013-14.

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.