Breaking News

You are here » Indian-Commodity  :  Equity & Shares  :  ITC gains on hiking cigarette prices of three brands

24-Jul2017

ITC gains on hiking cigarette prices of three brands

ITC is currently trading at Rs. 293.80, up by 5.30 points or 1.84% from its previous closing of Rs. 288.50 on the BSE.

The scrip opened at Rs. 289.95 and has touched a high and low of Rs. 295.35 and Rs. 288.35 respectively. So far 544196 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. 335.00 and Rs. 276.90 respectively. The current market cap of the company is Rs. 357557.47 crore.

The institutions and non-institutions held 55.95% and 44.05% stake in the company, respectively.

ITC has hiked cigarette prices of its three brands effect from July 18, following GST Council hiked cess to pre-GST level. The company has increased Gold Flake Kings and Classic Rich prices to Rs 300 per 20 pack each, while Navy Cut Filter price increased to Rs 188 per 20 pack.

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.


Related News

View all news

SpiceJet jumps on reporting passenger load factor of 94% in February

Spicejet is currently trading at Rs. 99.05, up by 7.40 points or 8.07% from its previous closing of Rs. 91.65 on the BSE.The scrip opened at Rs. 93.50 and has touched a high and low of Rs. 104.70 and Rs.......

Tata Power trades higher on the BSE

Tata Power Company is currently trading at Rs. 73.25, up by 1.25 points or 1.74% from its previous closing of Rs. 72.00 on the BSE.The scrip opened at Rs. 72.05 and has touched a high and low of Rs. 73.75......

InterGlobe Aviation soars on reporting passenger load factor of 88.4% in February

Interglobe Aviation is currently trading at Rs. 1438.90, up by 16.10 points or 1.13% from its previous closing of Rs. 1422.80 on the BSE.The scrip opened at Rs. 1409.00 and has touched a high and low of......

Top News

View all news

Infosys to enter into agreement with The House Fund II

Infosys is going to enter into an agreement with The House Fund II, L.P., an AI-focused fund targeting startups from the University of California - Berkeley, committing to invest $10.0 million.......

EID Parry receives approval for investment Rs 70 crore in PSRIPL

EID Parry (INDIA) has received approval for investment upto Rs 70 crore in the equity share capital of Parry Sugars Refinery India (PSRIPL), a wholly owned subsidiary of the Company. The Board of directors......

SBI raises Rs 1,251 crore by issuing Basel III-compliant bonds

State Bank of India (SBI) has raised Rs 1,251.30 crore by issuing Basel III-compliant bonds. The Committee of Directors for Capital Raising at its meeting held on 22 March 2019 deliberated and accorded......