ITC Ltd (BOM:500875)

The Economic Times  Mar 2  Comment 
Buy ITC Ltd. with a target of Rs 280 and a stop loss of Rs 265
The Economic Times  Mar 1  Comment 
Buy ITC Ltd. with a target of Rs 285 and a stop loss of Rs 255
The Economic Times  Feb 16  Comment 
Buy ITC Ltd. at a price target of Rs 279.2 and a stop loss at Rs 271.2 from entry point
The Hindu Business Line  Feb 11  Comment 
Diversified conglomerate ITC Ltd is looking to enter healthcare segment and set up multi-speciality hospitals. The company’s board has sought the approval of the shareholders for alteration of the...
The Hindu Business Line  Feb 6  Comment 
After 21 years at the helm, as Chairman and CEO, YC Deveshwar (70), on Sunday, relinquished his executive role in ITC Ltd to Sanjiv Puri (54).Deveshwar will henceforth operate as non-executive Chairma...
The Hindu Business Line  Jan 27  Comment 
Diversified conglomerate ITC Ltd, on Friday, announced a top level rejig effective February 5.Sanjiv Puri, Chief Operating Officer, will be elevated as the Chief Executive Officer (CEO). The elevation...
The Hindu Business Line  Jan 27  Comment 
ITC Ltd reported a net profit of ₹2,647 crore for the third quarter ended December 2016, against ₹2,504 crore in the corresponding quarter last fiscal, registering growth of over 5.7 per cent. Total ...
The Economic Times  Jan 23  Comment 
Buy ITC Ltd. at a price target of Rs 265 and a stop loss at Rs 247 from entry point
The Hindu Business Line  Jan 8  Comment 
ITC Ltd on Sunday commenced the construction of its super premium five star hotel ‘ITC Narmada’. Gujarat Chief Minister Vijay Rupani today laid the foundation stone of the luxury hotel, coming up in ...
The Economic Times  Dec 27  Comment 
Buy ITC Ltd. at a price target of Rs 238 and a stop loss at Rs 217 from entry point


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Business Profile

ITC (Bombay Stock Exchange:500875) is the largest private sector cigarette company with a diversified portfolio comprising hotels, paperboards & specialty papers, packaging, agri-business, packaged foods and confectionery, branded apparel, greeting cards and other FMCG products. ITC is the market leader in its businesses of cigarettes, hotels, paperboards, packaging and agri-exports.

ITC`s diversified status originates from its corporate strategy aimed at creating multiple drivers of growth anchored on its time-tested core competencies i.e., its distribution reach, brand-building capabilities, effective supply chain management and service skills in hoteliering. ITC`s agri-business is one of the country`s biggest FOREX earners with exports of over USD 2 billion. The company`s e-Choupal initiative has also proved to be successful exercise evolved around empowering the farmer. This transformational strategy, which has already become the subject matter of a case study at Harvard Business School, is expected to progressively create for ITC a huge rural distribution infrastructure.

It has entered into retailing of apparels leveraging its trademark brands such as Wills, Wills Classic and John Player. ITC`s hotels business comprises 40 owned and managed properties spread across India. It also has marketing and reservation arrangement with the Sheraton Corporation, the reputed international hotel chain.

ITC is planning to invest around USD 1 billion in strengthening its e-Choupal infrastructure in the next 7-10 years. The company also plans foray into the denim wear for expansion of its apparel business. Further, it has plans of Rs 25,000 million investment in contract farming in Punjab. This will mark the company`s entry in agri-retail in the near future.

ITC owns a 14.95 stake in East India Hotels (EIH) which has given them a profit of over Rs 5000 million over the last ten years.

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