Trending stocks: ITC shares slip nearly 4%

NEW DELHI: Shares of ITC traded 3.93 per cent down in Monday 's trade at 11:36AM (IST).

Around 1269212 shares changed hands on the counter. The stock opened at Rs 182.15 and touched an intraday high and low of Rs 182.15 and Rs 170.75 , respectively, in the session so far.

The stock quoted a 52-week high of Rs 310.0 and a 52-week low of Rs 134.6 .

Fast moving consumer goods major ITC has ramped up personal care production to meet the demand for sanitisers. The company which retails Savlon range of sanitisers, has stepped up production at the facility in Himachal Pradesh to produce an additional 1.25 lakh litres.


Financials
ITC Ltd., incorporated in the year 1910, is a Large Cap company (having a market cap of Rs 223902.99 Crore) operating in Tobacco sector.

For the quarter ended 31-12-2019, the company reported a Consolidated sales of Rs 13307.54 Crore, up 4.30 % from last quarter Sales of Rs 12759.44 Crore and up 21.01 % from last year same quarter Sales of Rs 10996.62 Crore. The Company reported net profit after tax of Rs 4047.87 Crore in latest quarter.

ITC Ltd. key Products/Revenue Segments include Packaged Food Item which contributed Rs 9668.71 Crore to Sales Value (21.11 % of Total Sales), Agricultural Products which contributed Rs 4345.84 Crore to Sales Value (9.49 % of Total Sales), Paper & Paper Boards which contributed Rs 3718.79 Crore to Sales Value (8.12 % of Total Sales), Others which contributed Rs 2819.13 Crore to Sales Value (6.15 % of Total Sales), Tobacco Unmanufactured which contributed Rs 1721.15 Crore to Sales Value (3.75 % of Total Sales), Service (Hotel) which contributed Rs 1648.20 Crore to Sales Value (3.59 % of Total Sales), Printed Materials which contributed Rs 586.64 Crore to Sales Value (1.28 % of Total Sales), Other Operating Revenue which contributed Rs 562.98 Crore to Sales Value (1.22 % of Total Sales)for the year ending 31-Mar-2019.

Promoter holding
Promoters held 14.63 per cent stake in the company as of quarter ended 31st Dec 2019 .

Valuation ratio
It quoted a price-to-earnings ratio of 14.38 and price to book value of 3.74 .