FMCG major ITC witnessed a rise in share price on Thursday after the company disclosed a steady growth in standalone net profit for the quarter ended September 2016. During the quarter, the profit of the company rose 10.50% to Rs 25,000.30 million from Rs 22,625 million in the same quarter previous year.

Revenues for the quarter rose marginally 2.74% to Rs 136,166.10 million, compared with Rs 132,531 million for the prior year period.

Shares of ITC are trading at Rs 242.75, up Rs 3.85, or 1.61% at the Bombay Stock Exchange (BSE) on Thursday at 10:19 a.m.

The scrip has touched an intra-day high of Rs 243.95 and low of Rs 239.80. The total volume of shares traded at the BSE is 1,658,132.

Total volume of shares traded on the bourses today was lower by 55.62% to 4,083,717 compared with 22-day average volume of 9,201,397.