Stock Report

ITC Limited resumes operations at various factories with limited workforce



Posted On : 2020-05-17 09:26:19( TIMEZONE : IST )

ITC Limited resumes operations at various factories with limited workforce

Based on the directives received from the Central & State Governments and local bodies, ITC Limited has resumed operations at its factories and plant locations manufacturing non-essential items with limited workforce; the factories and plant locations manufacturing essential items continue to operate, as advised earlier. The Company's hotels, however, continue to remain closed, except for those travellers who were stranded due to lockdown or for accommodating identified persons, based on the directions of the respective State Governments and local bodies.

The Company is taking all recommended precautions and preventive measures to ensure health and safety of its employees, including restricted movement of manpower, complete sanitisation and social distancing norms.

The Company is closely monitoring the situation and will take necessary steps as may be required from time to time basis directives from the regulatory authorities.

Shares of ITC LTD. was last trading in BSE at Rs.164.6 as compared to the previous close of Rs. 163.95. The total number of shares traded during the day was 475955 in over 5543 trades.

The stock hit an intraday high of Rs. 165.45 and intraday low of 161.3. The net turnover during the day was Rs. 77686309.

Source : Equity Bulls

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