ITC gains after reporting Q1 results

ITC rose 2.04% to Rs 310.15 at 12:35 IST on BSE after company's net profit rose 3.61% to Rs 2265.44 crore on 6.11% decline in total income to Rs 8902.71 crore in Q1 June 2015 over Q1 June 2014.

The company announced results during market hours today, 30 July 2015.

Meanwhile, the S&P BSE Sensex was up 247.42 points or 0.9% at 27,825.52.

On BSE, so far 4.26 lakh shares were traded in the counter as against average daily volume of 4.25 lakh shares in the past one quarter.

The stock hit a high of Rs 311.30 and a low of Rs 300.60 so far during the day. The stock had hit a record high of Rs 409.70 on 28 February 2015. The stock had hit a 52-week low of Rs 294.50 on 15 June 2015.

The stock had underperformed the market over the past one month till 29 July 2015, falling 2% compared with Sensex's 0.3% decline. The scrip had also underperformed the market in past one quarter, dropping 7.39% as against Sensex's 1.24% gain.

The large-cap cigarette maker has equity capital of Rs 801.87 crore. Face value per share is Re 1.

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