ITC rose 0.55% to Rs 346.70 at 14:25 IST on BSE after the company reported strong Q4 March 2014 results during trading hours today, 23 May 2014.
Meanwhile, the BSE Sensex was up 222.63 points, or 0.91%, to 24,597.03.
On BSE, so far 5.62 lakh shares were traded in the counter, compared with an average volume of 5.21 lakh shares in the past one quarter.
The stock hit a high of Rs 349.30 and a low of Rs 343.80 so far during the day. The stock hit a record high of Rs 386.75 on 16 May 2014. The stock hit a 52-week low of Rs 285.40 on 28 August 2013.
The stock had underperformed the market over the past one month till 22 May 2014, sliding 1.68% compared with 7.10% rise in the Sensex. The scrip had also underperformed the market in past one quarter, rising 8.60% as against Sensex's 17.75% rise.
The large-cap company has an equity capital of Rs 795.32 crore. Face value per share is Re 1.
ITC's net profit rose 18.16% to Rs 2278.01 crore on 11.68% increase in total income to Rs 9505.23 crore in Q4 March 2014 over Q4 March 2013.
The company's net profit rose 18.42% to Rs 8785.21 crore on 11.37% increase in total income to Rs 34345.74 crore in the year ended March 2014 over the year ended March 2013.
On a consolidated basis, net profit rose 16.87% to Rs 8891.38 crore on 11.64% increase in total income to Rs 36288.03 crore in the year ended March 2014 over the year ended March 2013.
ITC has a diversified presence in cigarettes, hotels, paperboards & specialty papers, packaging, agri-business, packaged foods & confectionery, information technology, branded apparel, personal care, stationery and other FMCG products. ITC is a market leader in cigarettes.
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