Company Profile

ITC LTD.

NSE : ITCBSE : 500875ISIN CODE : INE154A01025Industry : Cigarettes/TobaccoHouse : ITC - MNC
BSE207.351.35 (+0.66 % )
PREV CLOSE (Rs.) 206.00
OPEN PRICE (Rs.) 207.70
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 2196807
TODAY'S LOW / HIGH (Rs.)206.00 208.45
52 WK LOW / HIGH (Rs.)134.95 282.95
NSE207.55 1.7 (+0.83 % )
PREV CLOSE(Rs.) 205.85
OPEN PRICE (Rs.) 208.00
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 207.55 (76741 )
VOLUME 37896333
TODAY'S LOW / HIGH(Rs.) 206.00 208.50
52 WK LOW / HIGH (Rs.)134.6 282.9

Company News

Date Heading Details
18-Jun-2020 ITC informs about loss of share certificates <P align=justify>Pursuant to Regulation 39(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ITC has informed that it has enclosed details of the Share Certificate for 4110 shares of Re 1 each of the Company which has been intimated as lost by a Shareholder on 17th June, 2020. Further, the company has enclosed the copy of the letter received from the Shareholder regarding loss of the aforesaid Share Certificate.<P align=justify>The above information is a part of company's filings submitted to BSE.<P><BR>
16-Jun-2020 ITC partners with Bayer CropScience to market crop protection products <p align="justify">ITC has partnered with Bayer CropScience to market Bayer's crop protection products to farmers through the ITC's eChoupal online platform. The partnership has commenced as a pilot project in Mysore, Karnataka, and will gradually be expanded to other geographies across India. With COVID19 disrupting farming operations and on farm advisory, this initiative will help farmers avail agri inputs and digital advisory on a timely basis. </p><p align="justify">Over 42,000 ITC farmers, covering 60,000 hectares across 1,100 villages in Mysore region will benefit from the partnership with Bayer. Farmers can place their order for Bayer products through the eChoupal 4.0 platform and track their orders. Farmers without access to smartphones can place their orders online with assistance from field staff or even place offline orders. </p><p align="justify">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.<br></p>
16-Jun-2020 ITC moves up on partnering with Bayer CropScience to market crop protection products <p align="justify">ITC is currently trading at Rs. 188.55, up by 1.35 points or 0.72% from its previous closing of Rs. 187.20 on the BSE.</p><p align="justify">The scrip opened at Rs. 190.10 and has touched a high and low of Rs. 191.00 and Rs. 188.50 respectively. So far 156375 shares were traded on the counter.</p><p align="justify">The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 282.95 on 08-Jul-2019 and a 52 week low of Rs. 134.95 on 13-Mar-2020.</p><p align="justify">Last one week high and low of the scrip stood at Rs. 203.20 and Rs. 186.40 respectively. The current market cap of the company is Rs. 230110.57 crore.</p><p align="justify">The Institutions and Non-Institutions held 57.11% and 42.89% stake respectively in the company.</p><p align="justify">ITC has partnered with Bayer CropScience to market Bayer's crop protection products to farmers through the ITC's eChoupal online platform. The partnership has commenced as a pilot project in Mysore, Karnataka, and will gradually be expanded to other geographies across India. With COVID19 disrupting farming operations and on farm advisory, this initiative will help farmers avail agri inputs and digital advisory on a timely basis. </p><p align="justify">Over 42,000 ITC farmers, covering 60,000 hectares across 1,100 villages in Mysore region will benefit from the partnership with Bayer. Farmers can place their order for Bayer products through the eChoupal 4.0 platform and track their orders. Farmers without access to smartphones can place their orders online with assistance from field staff or even place offline orders. </p><p align="justify">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.<br></p>
16-Jun-2020 Satin Creditcare Network, ITC and IRB Infrastructure Developers to see some action today <p align="justify"><strong>Satin Creditcare Network's</strong> board has approved issue / offer / invite for subscription and allotment of secured / unsecured / subordinated / senior rated / unrated, listed / unlisted, perpetual or non-perpetual, redeemable (including marked linked debentures), Non-Convertible Debentures (NCDs) by way of private placement, in one or more tranches, from time to time, to any category of investors eligible to invest in the NCDs, aggregating upto Rs 5,000 crore. The Board of Directors of the Company, at its meeting held on June 15, 2020, has approved the same.</p><p align="justify"><strong>ITC</strong> has partnered with Bayer CropScience to market Bayer's crop protection products to farmers through the ITC's e-Choupal online platform.&nbsp; The partnership has commenced as a pilot project in Mysore, Karnataka, and will gradually be expanded to other geographies across India. With COVID-19 disrupting farming operations and on-farm advisory, this initiative will help farmers avail agri-inputs and digital advisory on a timely basis. </p><p align="justify"><strong>IRB Infrastructure Developers</strong> has raised Rs 300 crore through allotment of 9.55 percent secured, redeemable, listed, rated non-convertible debentures (NCDs) of a face value of Rs 10 lakh each, for cash at par, aggregating to Rs 300 crore on a private placement basis. The management administration and share transfer committee of the board of directors of the company at their meeting held on June 15, 2020 has allotted the same. </p><p align="justify"><strong>Tata Power Company's</strong> wholly owned subsidiary -- Trust Energy Resources (TERPL) has received a Letter of Award (LoA) from Gujarat Urja Vikas Nigam (GUVNL) to develop a 120 MW solar project in Gujarat. <br></p><p align="justify">Private equity funds managed by Turning Leaf Asset Management (TLAM) has entered into a definitive agreement to acquire 21.5% stake by infusing $8.5 million in <strong>Dhanvarsha Finvest</strong>. As part of the transaction, the promoter group Wilson Holding will also simultaneously infuse $6 million equivalent in Rs into the company and convert Rs 103 million of existing debt into equity in the company. Subject to customary closing conditions, post infusion Dhanvarsha will boast of net-worth in excess of Rs 1.5 billion, which is a substantial milestone for the Company. </p><p align="justify">Mid-size private sector lender <strong>Lakshmi Vilas Bank</strong> has received a preliminary proposal from the Aion Capital-backed non-banking lender Clix Capital for a merger that will augment the Chennai-based lender's capital base by around Rs 1,900 crore. The bank has entered into a non-binding letter of intent with Clix Capital Services and Clix Finance India (collectively, the Clix Group) in relation to the proposed amalgamation of Clix Group with the bank. </p><p align="justify"><strong>Eicher Motors'</strong> motorcycle arm -- Royal Enfield has launched apparel and riding gear range for women. Available online and at the select stores in Delhi, Bengaluru, Ahmedabad and Kolkata, the new collection includes a clutch of riding jackets, trousers, gloves and helmets, t-shirts, shirts and jeans.<br></p>
13-Jun-2020 ITC informs about board meeting <div align="justify">ITC has informed about a meeting of the Board of Directors for consideration of Audited Financial Results for the Quarter and Financial Year ended 31st March, 2020. </div><div align="justify"><br></div><div align="justify">The above information is a part of company's filings submitted to BSE.<br></div>
01-Jun-2020 ITC jumps as its hospitality arm partners with Swiggy <p align="justify">ITC is currently trading at Rs. 203.20, up by 5.75 points or 2.91% from its previous closing of Rs. 197.45 on the BSE.</p><p align="justify">The scrip opened at Rs. 200.00 and has touched a high and low of Rs. 205.25 and Rs. 199.55 respectively. So far 699393 shares were traded on the counter.</p><p align="justify">The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 291.45 on 31-May-2019 and a 52 week low of Rs. 134.95 on 13-Mar-2020.</p><p align="justify">Last one week high and low of the scrip stood at Rs. 205.25 and Rs. 186.85 respectively. The current market cap of the company is Rs. 249778.14 crore.</p><p align="justify">The Institutions and Non-Institutions held 57.11% and 42.89% stake in the company respectively.</p><p align="justify">ITC's hospitality arm -- ITC Hotels has partnered with online food delivery platform Swiggy to deliver its food delicacies at customers' doorsteps amid the COVID-19 pandemic.</p><p align="justify">The move would enable ITC Hotels' customers to enjoy their pre-paid orders with 'no-contact' deliveries and have unique food experiences with local offerings from the regions at their home.</p><p align="justify">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.</p>
30-May-2020 ITC's hospitality arm partners with Swiggy <DIV align=justify>ITC's hospitality arm -- ITC Hotels has partnered with online food delivery platform Swiggy to deliver its food delicacies at customers' doorsteps amid the COVID-19 pandemic. <BR></DIV><DIV align=justify><BR></DIV><DIV align=justify>The move would enable ITC Hotels' customers to enjoy their pre-paid orders with 'no-contact' deliveries and have unique food experiences with local offerings from the regions at their home.</DIV><DIV align=justify><BR>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.<BR></DIV>
29-May-2020 ITC enters into strategic partnership with Amway <p align="justify">ITC and direct selling major Amway have entered into a strategic partnership to jointly distribute a range of products in the health and immunity boosting space. As part of this, ITC has introduced 'B Natural+' range of fruit juices, which would be distributed exclusively by Amway using its direct selling network for a limited period of time. </p><p align="justify">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.<br></p>
29-May-2020 Cadila Healthcare, Sun Pharma and HCL Technologies to see some action today <p align="justify"><strong>Cadila Healthcare</strong> has received an Establishment Inspection Report (EIR) from the US Food and Drug Administration (USFDA) for its formulations manufacturing facility located at Baddi, India. The EIR report stated that the classification of the facility is ‘No Action Indicated (NAI)'. The USFDA had conducted an inspection at the facility from March 2, 2020 to March 9, 2020. The audit had ended with nil observations. </p><p align="justify">Sun Pharma Advanced Research Company (SPARC) and <strong>Sun Pharmaceutical Industries</strong> (Sun Pharma) and includes its subsidiaries and/or associate companies) have entered into a worldwide license agreement on the development and commercialization of SCD-044 which is being evaluated as a potential oral treatment for atopic dermatitis, psoriasis and other auto-immune disorders. SCD-044 is entering phase 2 clinical trials. Under terms of the license agreement, Sun Pharma will pay SPARC an upfront payment of $20 million.</p><p align="justify"><strong>HCL Technologies</strong> (HCL) has expanded the preferred services partnership signed in 2018 with Broadcom, a global technology leader that designs, develops, and supplies semiconductor and infrastructure software solutions. The company will broaden its professional services offerings to include Symantec Enterprise Division (SED) consulting services, which was part of Broadcom's enterprise security solutions.&nbsp; As part of the partnership, the majority of Broadcom's Symantec enterprise consulting team will transition to HCL.</p><p align="justify"><strong>NHPC's</strong> board has considered and approved the proposal regarding diversification of business of the company by development of Solar Power Projects as Intermediary Procurer through Solar Power Developers. The Board of Directors of the company in its meeting held on May 28, 2020 has approved the same. </p><p align="justify"><strong>ITC</strong> and direct selling major Amway have entered into a strategic partnership to jointly distribute a range of products in the health and immunity-boosting space. As part of this, ITC has introduced 'B Natural+' range of fruit juices, which would be distributed exclusively by Amway using its direct selling network for a limited period of time. </p><p align="justify"><strong>IDFC First Bank</strong> has launched video KYC facility so that customers can open savings accounts without the need to visit a branch office. The zero-contact method completely does away with paper work or biometric verification, thereby removing physical interaction between the bank and customer from the know your customer (KYC) process. Customers can start earning 7 per cent interest and maximise their returns on funds held or invested anywhere else.</p><p align="justify"><strong>Tata Consultancy Services</strong> (TCS) has launched cloud-based, end-to-end solution to help banks accept and process forgiveness requests as part of the Small Business Administration (SBA) Paycheck Protection Program (PPP) under the Coronavirus Aid Relief and Economic Security (CARES) Act passed by the US Congress. <br></p>
29-May-2020 ITC jumps on entering into strategic partnership with Amway <div align="justify">ITC is currently trading at Rs. 195.95, up by 5.40 points or 2.83% from its previous closing of Rs. 190.55 on the BSE.<br></div><div align="justify"><br></div><div align="justify">The scrip opened at Rs. 190.80 and has touched a high and low of Rs. 196.50 and Rs. 189.30 respectively. So far 306837 shares were traded on the counter.<br><br></div><div align="justify">The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 291.45 on 31-May-2019 and a 52 week low of Rs. 134.95 on 13-Mar-2020.<br><br></div><div align="justify">Last one week high and low of the scrip stood at Rs. 196.50 and Rs. 186.85 respectively. The current market cap of the company is Rs. 237485.91 crore.<br><br></div><div align="justify">The Institutions and Non-Institutions held 57.11% and 42.89%, stake in the company respectively.</div><div align="justify"><br>ITC and direct selling major Amway have entered into a strategic partnership to jointly distribute a range of products in the health and immunityboosting space. As part of this, ITC has introduced 'B Natural+' range of fruit juices, which would be distributed exclusively by Amway using its direct selling network for a limited period of time. <br><br></div><div align="justify">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.<br></div>