ITC drops after declaring Q3 result

Image
Capital Market
Last Updated : Jan 23 2019 | 3:31 PM IST

ITC lost 3.88% to Rs 278.50 at 15:09 IST on BSE after net profit rose 3.84% to Rs 3209.07 crore on 15.79% increase in total income to Rs 12267.65 crore in Q3 December 2018 over Q3 December 2017.

The result was announced during trading hours today, 23 January 2019.

Meanwhile, the S&P BSE Sensex was down 320.43 points, or 0.88% to 36,124.21

On the BSE, 15.58 lakh shares were traded in the counter so far compared with average daily volumes of 6.08 shares in the past two weeks. The stock had hit a high of Rs 294.30 and a low of Rs 277.70 so far during the day.

ITC, a multi-business conglomerate, is currently focused on business groups including FMCG, Hotels, Paperboards, Paper & Packaging and Agri Business.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 23 2019 | 3:11 PM IST

Next Story