ITC Share Price Today: Another flat session, ends at Rs 407.85
The trading session commenced with the stock opening at ₹406.50, and it subsequently touched an intraday high of ₹409.95 and a low of ₹400.70.
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The trading session commenced with the stock opening at ₹406.50, and it subsequently touched an intraday high of ₹409.95 and a low of ₹400.70.
ITC's stock ultimately closed at ₹406.15, marking a decline of 0.64% or ₹2.60 from its previous close. The trading volume for the day stood at 97,33,507 shares, with a traded value of ₹39,624.13 lakhs.
The session began on a muted note, with ITC's shares opening at ₹412.25, slightly higher than the previous day's close of ₹412.05. However, the stock failed to gather significant upward momentum, reaching an intraday high of ₹412.95. The low for the day was recorded at ₹408.45.
The stock opened at Rs 411.00, up slightly from the previous close of Rs 409.50. Hitting an intraday high of Rs 412.80, ITC shares went down to Rs 410.10 at the day's low. The stock ultimately settled with a modest upside, exhibiting stability.
The volume-weighted average price (VWAP) of ITC stood at Rs 410.66, reflecting the average trading price after factoring in volumes across the session.
The indicative timeline in order to list the shares of ITC Hotels in the market is projected to be 15 months.
Puri was appointed as the chief executive officer in February 2017 and was re-designated as the managing director of ITC in May 2018. He was promoted to the post of chairman of the conglomerate with effect from May 13 2019.
Earnings for the fourth quarter of the fiscal year 2023 were announced on Thursday by Indian giant ITC.
On February 3, the FMCG giant announced a 23% year-on-year increase in consolidated net profit at Rs 5,070.09 crore for the December quarter of FY23.
Paytm's consolidated net loss was reduced to Rs 392 crore in the third quarter of fiscal year 22. The firm recorded a net loss of Rs 778.4 crore the previous year.
Revenue from operations increased by 0.8% to ₹17122.15 crore from ₹16971.18 crore in the previous fiscal quarter.
Today's stocks to watch: Tata Metaliks reported a 73% drop in its December quarter net profit to Rs 9.48 crore due to increasing expenditures.
ITC will purchase out the firm in three or four tranches over the course of three to four years.
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