ITC trades higher on the BSE
ITC is currently trading at Rs. 416.10, up by 3.55 points or 0.86% from its previous closing of Rs. 412.55 on the BSE.
The scrip opened at Rs. 413.10 and has touched a high and low of Rs. 418.95 and Rs. 411.60 respectively. So far 450155 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 500.01 on 27-Sep-2024 and a 52 week low of Rs. 381.24 on 04-Jun-2025.
Last one week high and low of the scrip stood at Rs. 418.95 and Rs. 392.00 respectively. The current market cap of the company is Rs. 520462.24 crore.
The Institutions and Non-Institutions held 85.13% and 14.88% stake in the company respectively.
ITC has acquired 2,62,500 equity shares of Rs 10 each of Ample Foods (AFPL) (through primary subscription and secondary purchases) for an aggregate consideration of around Rs 131 crore.
Consequent to the above, the Company’s shareholding in AFPL aggregates 43.75% of its share capital.
In line with the strategy to augment the Company’s future ready portfolio, the transaction will fortify ITC’s presence and market standing in the high growth segments of the frozen, chilled and ready to cook foods industry in India, which is currently estimated at over Rs 10,000 crore and is poised for rapid growth in the years ahead.
ITC has business a interests in cigarettes, hotels, paperboards and specialty papers, packaging, agribusiness, packaged foods and confectionery, information technology, branded apparel, personal care, stationery, safety matches and other FMCG products.
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