ITC fell 2.63% to Rs 365.90 at 12:25 IST on BSE, after net profit rose 18.05% to Rs 1891.33 crore on 10.72% growth in total income to Rs 7613.88 crore in Q1 June 2013 over Q1 June 2012.
The company announced Q1 result during market hours today, 25 July 2013.
Meanwhile, the S&P BSE Sensex was down 93.41 points or 0.48% at 19,993.70.
On BSE, 21.53 lakh shares were traded in the counter as against average daily volume of 5.41 lakh shares in the past one quarter.
The stock hit a high of Rs 378.90 and a low of Rs 350.20 so far during the day. The stock had hit a record high of Rs 380 on Wednesday, 24 July 2013. The stock had hit a 52-week low of Rs 248 on 26 July 2012.
The stock had outperformed the market over the past one month till 24 July 2013, rising 19.59% compared with the Sensex's 8.36% gain. The scrip had also outperformed the market in past one quarter, gaining 18.46% as against Sensex's rise of 4.75%.
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India's largest cigarette maker by sales has equity capital of Rs 790.79 crore. Face value per share is Re 1.
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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