Introduction:
Blue chip stock has announced a strategic acquisition in the paper sector, securing a major pulp and paper business for ₹3,500 Crores. This move strengthens its expansion strategy and boosts long-term growth in India’s fast-evolving paper and packaging market.
Share Price movement of ITC:
On April 1, 2025, ITC Limited opened at ₹409.80, reaching a high of ₹414.40 and a low of ₹405.80, up 1.13% from its previous close of ₹409.75. The stock is currently trading at ₹406.05, with a market cap of ₹5,08,135.83 Crores.
ITC share price rise:
ITC has signed a Business Transfer Agreement to acquire Aditya Birla Real Estate Limited’s pulp and paper undertaking, ‘Century Pulp and Paper’ (CPP), for up to ₹3,500 Crores. The acquisition aligns with ITC’s strategy to expand its paperboard operations through this slump sale deal.
Established in 1984, CPP is a major player in the paper industry with 4.8 lakh MT annual capacity. The acquisition offers immediate scale, location benefits, and raw material proximity. India’s growing demand for paper, driven by packaging, FMCG, pharma, and education, adds growth potential.
ITC plans to enhance CPP’s profitability through operational efficiencies, digitalisation, and cost optimisation. CPP complements ITC’s integrated and sustainable business model and supports expansion into high-growth markets while improving resilience and long-term value in the paper segment.
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Recent news About ITC:
As part of its strategic growth, ITC expanded its agri-business operations into aromatic and medicinal herbal products, reflecting a pivot towards high-value segments.
Stock performance of ITC for Period of 1 week, 6 months and 1 year:
Over the past week, ITC stock showed a minimal decline of 0.01%. Over six months, the stock dropped by 14.8%, reflecting short-term weakness. However, in the one-year period, it managed a modest gain of 2.44%, indicating slight long-term improvement.
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Shareholding pattern of ITC:
| All values in % | Dec-24 | Sep-24 | Jun-24 |
| FII | 40.17 | 40.53 | 40.47 |
| DII | 44.91 | 44.59 | 44.02 |
| Retail & others | 14.92 | 14.87 | 15.51 |
About ITC:
ITC Ltd (NSE: ITC) is a diversified Indian conglomerate operating across FMCG, hotels, paperboards, packaging, agri-business, and IT. Known for iconic brands, it maintains a strong market presence, sustainability focus, and innovation-driven growth, contributing significantly to India’s consumer and industrial sectors.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
