Share worth of ITC Limited gained over two per cent on Thursday, March 18, after the corporate clarified that information stories of the agency’s demerger are speculative in nature. On Thursday, FMCG-to-hotel main ITC opened on the BSE at Rs 213.35, touching an intra day excessive of Rs 217.50 and an intra day low of Rs 211.90. In the third quarter of the present monetary 12 months, ITC reported an 11.4 p.c year-on-year decline in consolidated revenue at ₹ 3,587.09 crore, because of slower income progress and weaker lodge enterprise amid the COVID-19 pandemic. The firm’s web revenue was registered at ₹ 4,050.4 crore within the year-ago interval.
Shares of ITC final traded at 2.56 per cent larger to Rs 215.95 on the BSE.