ITC Ltd (BOM:500875)

QUOTE AND NEWS
The Economic Times  Dec 15  Comment 
"ITC Ltd is a 'BUY' call with a target of Rs 415 and a stop loss of Rs 392."
The Economic Times  Dec 9  Comment 
ITC Ltd surged nearly 1 per cent to hit its fresh 52-week high of Rs 399.85 in trade on Tuesday on reports of expansion plans.
Reuters  Dec 4  Comment 
The Nifty hit a record high on Thursday on continued hopes for global monetary stimulus measures, while ITC Ltd surged to a six-month high on media reports the government was rethinking a potential ban on the sale of loose cigarettes.
The Hindu Business Line  Nov 25  Comment 
ITC Ltd has recorded a 30 per cent rise in its net profit during the six months ended September 30, 1994, compared with that during the corresponding period of the previous year. The ITC board, wh...
The Economic Times  Nov 25  Comment 
Shares of ITC Ltd. plunged as much as 6.89% in intraday trade today after the ministry accepted the recommendation to ban the sale of loose cigarettes.
Reuters  Nov 19  Comment 
Reuters Market Eye - ITC Ltd gains 1.4 pct, Hindustan Unilever Ltd is up 1.8 pct and Britannia Industries advances 2.6 pct.
Reuters  Nov 10  Comment 
Reuters Market Eye - ITC Ltd jumps 4.3 percent, heads towards its biggest single-day gain since Sept. 10, 2013.
The Economic Times  Nov 7  Comment 
"ITC Ltd is a 'BUY' call with a target of Rs 365 and a stop loss of Rs 354."
The Times of India  Oct 31  Comment 
Leading conglomerate ITC Ltd on Friday posted a 8.72 per cent rise in its stand-alone net profit to Rs 2,425.16 crore for the second quarter ended September 30, 2014.
The Hindu Business Line  Oct 31  Comment 
The Economic Times  Oct 16  Comment 
ITC Ltd is a 'SELL' call with a target of Rs 343 and a stop loss of Rs 351.




RELATED WIKI ARTICLES

Related Articles


 
TOP CONTRIBUTORS

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.

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki