Shareholders of one of the veteran private sector firms of the country, ITC, were on a cheerful trip on Friday as the company outperformed all major stocks on NSE, closed 1.92% higher at Rs408.00 apiece after the day-long trade.On 21 April 2023, the shares of the company started trading on bullish note and soon the share price was seen clocking significant gains. More than a crore shares of ITC exchanged hands on Friday.On Friday, ITC shares closed 1.92% higher with a market capitalisation of Rs5.08 cr. Traded value stood at Rs57.8 lakhs. The company has gained 3.40% in the last five trading days on NSE, has moved up 8% in the last one month and has surged 17.82% in the last six months of trading on the NSE. It should be highlighted that in the last one year, the company shares have moved up 56.26% on NSE. On a year-to-date basis, the stock has gained 22.58%. ITC shares have marked gains worth 46.03% in the last five years of trading on the NSE.Market Update for the day.See more:https://t.co/XW5Vr5nX8chttps://t.co/hyRwDLLexj#NSEUpdates #Nifty #Nifty50 #NSEIndia #StockMarketIndia #ShareMarket #MarketUpdates pic.twitter.com/TH43taoJUy— NSE India (@NSEIndia) April 21, 2023ITC makes Rs11,400 crores in three daysThe FMCG conglomerate has minted a whopping Rs11,400 crores in the last three trading sessions on NSE. In the last one year, the company has grown its market capitalisation by a significant 63%, thanks to the steady gains throughout.Top gainers and losers of the dayWhile ITC was the top gainer closing 1.92% up on NSE, HDFC closed as the top loser on the index, down 3.16%. Besides ITC, TCS, Britannia, Wipro and Cipla were among the top gainers closing 1.75%, 1.73%, 1.42% and 1.32% strong respectively.Top losers featured TechM, Adanient, SBILife and TataSteel that ended 2.25%, 2.22%, 1.80% and 1.76% weak respectively on Friday.About ITCFounded in 1910, ITC Limited is one of the oldest private firms of the country. Headquartered in Kolkata, the firm has its presence in different sectors such as FMCG, hospitality, software, packaging and agribusiness. The company has thirteen businesses in five different sectors.ITC Limited was originally termed Imperial Tobacco Company of India Limited. It succeeded W.D. & H.O. Wills in 1910 and started partnering with Indian tobacco leaf farmers in 1911. It set up its first cigarette factory in 1913 in Bangalore. Since then, manufacturing cigarette is its primary and most original business.The name changed to India Tobacco Company Limited in 1970 and then to ITC Limited in 1974.
