Cigarettes, Hotels, Paperboards & Specialty Papers, Packaging, Agro-Business, Packaged Food, Confectionery, and Information Technology, Apparel technology, Greeting Cards, Match stick and various commodities manufactured under ITC limited established in Kolkata, 1910, pulsating Indian economy with 15 million us dollars. With currently 21,000 employees working in 60 major locations in India, rated World’s Best Big Companies. 1926, Company was changed to I.T.C. Limited in 1974 and the Company was renamed as ‘ITC Limited’ in 2001.
According to latest company asset Analysis Report ITC produces 9 brand of cigarette, owns more than 80 hotel, 2 paper utility units, package solution and in house film manufacturing unit, and a humongous Agro industry dealing in leaf tobacco, gold ribbon, Aashirvaad brand products, Snacks division, packaged water and food and branded apparel like wills life style, Fiama, Superia, Vivel and toiletries, education and stationary products and at last but not the least ITC InfoTech IT industry.
All in all there are more than 80 different utilities produced under ITC roof. First ever company in world, providing such a wide variety of products under one roof. InfoTech India Limited is developing strategic and innovative IT solutions, including e-enabled services and business process outsourcing. Agro division alone made a profit of 2 million last year.
A short term plan which started a revolution ‘E-Chou pal’ an innovative and new initiative started by ITC to enable all farmers to use Internet. Inspired by this, Harvard Business School added this transformational strategy as there Subject material and analyzes its long term benefits. The company places computers with Internet access in rural villages. E-Chou pal system has played a significant role in rural transformation. Farmers are now more aware of new scheme and their buying and selling of their live stock are more transparent. Tip for the share holders and new comers- as of today market report current value of one share is 500 INR and it is only company whose share price hasn’t shown any dip in any financial year. So hold on to this company share as defensive stock in your portfolio.
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Buy ITC with target of Rs 315 and stop loss of Rs 294, says JK Doshi, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 299.80, up 0.7% on the BSE.
Buy ITC at Rs 270 with target of Rs 300 and stop loss of Rs 260 on closing basis, says Neera Jain, technical analyst, on NDTV Profit. The stock is currently trading at Rs 279.60, up 0.7% on the BSE.