Shares of ITC rose by over 1 per cent Wednesday after the company increased the price of three cigarette brands - Bristol, Flake Excel and Capstan.
The scrip gained 0.99 per cent to close at Rs 285.45 on the BSE. During the day, it jumped 2.21 per cent to Rs 288.90.
At the National Stock Exchange (NSE), shares went up by 1.13 per cent to close at Rs 285.75 apiece.
On the traded volume front, 9.11 lakh shares were traded on the BSE and over 2 crore shares on the NSE during the day.
The Kolkata-headquartered company has increased the prices by about 7 per cent to 14 per cent.
An ITC spokesperson said Tuesday: "Prices of a few select brands have been revised upward marginally.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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