ITC is currently trading at Rs. 278.75, up by 2.35 points or 0.85% from its previous closing of Rs. 276.40 on the BSE.
The scrip opened at Rs. 277.00 and has touched a high and low of Rs. 291.95 and Rs. 277.00 respectively. So far 1425268 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 291.95 on 07-Feb-2017 and a 52 week low of Rs. 178.67 on 29-Feb-2016.
Last one week high and low of the scrip stood at Rs. 291.95 and Rs. 254.55 respectively. The current market cap of the company is Rs. 338439.85 crore.
The institutions and non-institutions held 55.57% and 44.22% stake respectively, in the company.
The government has sold 2 percent of its stake held in ITC through the Specified Undertaking of the Unit Trust of India (SUUTI) via block deal to LIC. The government plans to collect around Rs 6,700 crore from the stake sale.
Through SUUTI, the government now holds 9.1 percent stake in ITC after the sale. With this surprise move, the government is now closer to achieving its FY17 revised divestment target of Rs 45,500 crore.
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.