ITC is currently trading at Rs. 240.50, up by 4.30 points or 1.82% from its previous closing of Rs. 236.20 on the BSE.
The scrip opened at Rs. 236.00 and has touched a high and low of Rs. 241.30 and Rs. 234.40 respectively. So far 3, 97,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 241.30 on 13-Apr-2012 and a 52 week low of Rs. 177.80 on 06-May-2011.
Last one week high and low of the scrip stood at Rs. 241.30 and Rs. 223.30 respectively. The current market cap of the company is Rs. 1, 88,033 crore.
The Institutions and Non-Institutions held 51.65% and 48.04% respectively in the company.
Tobacco major -ITC- has hiked cigarette prices by 5-16 percent, a move that comes close on the heels of the Union Budget proposing a hike in excise duty of cigarettes by 15 percent. In the Union Budget 2012, the finance minister introduced an ad valorem component in cigarette (length greater than 65mm) in addition to the existing specific duty, 10 percent ad valorem excise duty will be levied on 50 percent of maximum retail price (MRP) which is 5 percent of MRP.
Cigarette major had last in the month of September, 2011 hiked the prices of its mid-sized brands Wills Navy Cut, a move that followed an increase in value-added tax (VAT) on cigarettes in Andhra Pradesh from 14.5 percent to 20 percent.
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.
| Company Name | CMP |
|---|---|
| ITC | 468.45 |
| Godfrey Phillips | 5378.00 |
| VST Industries | 337.10 |
| The Indian Wood Pro. | 57.00 |
| Golden Tobacco | 39.83 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Make an informed decision for Stocks
Invest using an intelligent system with powerful data-driven tools that help you identify opportunities and make informed buy-hold-sell decisions
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Limited to the first 10 users today!
Practical Stock Investing Hand Book
By - Raymond Moses
Founder of MoneyWorks4Me | Consultant | Trainer | Author | TEDx Speaker
Register & Get Instant Access!Don't miss out! First 10 users today get it FREE
With this 4 hrs Masterclass, you’ll be able to:
Download APP
