ITC Limited, is a large cap company in Indian FMCG sector with a diversified business interest in hotels, cigarettes and many others. It bears good weightage among nifty 50 companies and ITC share price fluctuations affect the benchmark index Nifty.
ITC Share Price Graph
ITC Limited is a leader in FMCG space. Only big player in Cigarette/ tobacco sector, it is also a big name in FMCG, Hotels and diversified business interest in IT, paperboards and paper, packaging, Agri business and exports, Food & Confectioneries, safety matches, Stationeries, Branded apparel.
ITC started its journey in the year 1910 as Imperial Tobacco Company of India Ltd. as a tobacco company manufacturing cigarettes. In 1975, after it made an acquisition of ITC – Welcome group Hotel Chola, it changed its name to I.T.C. Limited. In 2001 the name was further changed to ITC Limited, the present form.
ITC is a leading private sector company of India and belongs to the prestigious group of Asia’s ‘Fab 50’. Forbes Magazine named ITC as one of the world’s most reputable companies. Today, with a market cap of over $ 14 billion and turnover of more than $ 5 billion, it ranks among the top 10 most valuable brands of India.
ITC earns revenue from the following diversified business ventures.
- Cigarettes and tobaccos
- Lifestyle products
- Personal care products
- Information Technology (IT)
- Paper and paperboards
- Safety matches
- Agri business
- Agri commodities
- E-choupal (an initiative to enable farmers with power of knowledge through internet for marketing its agri products which separately earns good revenue from rural India).
Today ITC is a real star among private companies of India. It has been awarded with numerous awards for excellence in its diversified field of business.
Company Financials – ITC share price is Rs 310.85 (as on 23.06.17, EOD) in BSE. As per latest data, the standalone basis P/E is 37.02 versus average industry PE of 37.06, EPS is Rs 8.4. Market cap is Rs 3,77,601 crores. The face value of share is Rs 1.
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