Large-Cap Stock ITC Jumps Around 5.50% in the Last Two Weeks; DIIs Increase Stake

DSIJ Intelligence/ 21 Apr 2026 /Categories: Mindshare, Trending

Large-Cap Stock ITC Jumps Around 5.50% in the Last Two Weeks; DIIs Increase Stake

ITC gains 5.50 per cent in two weeks; DIIs increase stake to 49.15 per cent, FMCG portfolio strengthens with Sproutlife (Yoga Bar) becoming a subsidiary

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On Tuesday, Indian markets traded on a positive note, with the Nifty 50 rising 0.77 per cent to 24,551.60, up 186.75 points from the previous close of 24,364. Amid this, the ITC share price was trading at Rs 306.00, up 0.33 per cent from the previous close of Rs 305.

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ITC Share Price Performance

ITC has shown a modest recovery in the near term, with the stock gaining around 5.50 per cent over the past two weeks. On a broader basis, the stock has delivered returns of 5.44 per cent over the past month. However, it has declined 25.82 per cent over the past six months and 27.57 per cent over the past year.

ITC Shareholding Pattern

As of March 2026, Foreign Institutional Investors (FIIs) increased their stake to 34.83 per cent from 36.11 per cent in December 2025. Domestic Institutional Investors (DIIs) held 49.15 per cent, up from 48.90 per cent in the previous quarter. Public shareholding stood at 15.96 per cent, while government holding remained stable at 0.04 per cent.

ITC Previous Corporate Development

In a recent development, ITC Limited announced that it has acquired the right to nominate a majority of directors on the board of Sproutlife Foods Private Limited (Yoga Bar brand) with effect from April 1, 2026, thereby making it a subsidiary of the company. The move is aligned with ITC’s strategy to strengthen its presence in the fast-growing foods segment and expand its portfolio of future-ready, digital-first brands in the packaged foods space.

About ITC

ITC Ltd is one of India’s leading diversified conglomerates, with presence across FMCG, cigarettes, hotels, paperboards and packaging, agri-business, and information technology. The company has built a strong portfolio of brands across categories such as packaged foods, personal care, education and stationery, and lifestyle retail.

With a focus on sustainable growth, ITC continues to invest in its FMCG segment while maintaining leadership in its core cigarette business. The company also emphasises environmental and social responsibility through its initiatives in climate change, water conservation, and sustainable livelihoods.