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MarketScreener Homepage  >  Equities  >  NSE India Stock Exchange  >  ITC Limited    ITC   INE154A01025

ITC LIMITED

(ITC)
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End-of-day quote. End-of-day quote NSE India Stock Exchange - 04/07
181.55 INR   +2.05%
04/01ITC : Tea Board, India v. ITC Limited
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02/01ITC : Third-Quarter Net Profit Rose 29%
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2019ITC : 2Q 2020 Profit Jumps 37%
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ITC : launches new hotel in Kolkata

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06/14/2019 | 06:40am EDT

ITC Hotels announced on Tuesday the launch of its 14th luxury hotel in India, the ITC Royal Bengal in Kolkata.

ITC said the 456 keys ITC Royal Bengal is a tribute to the traditions and heritage of Bengal, which has been ITCs headquarters for over a 100 years. West Bengal chief minister Mamata Banerjee inaugurated the new hotel.

ITC said the hotel has been built with an investment of nearly Rs 1400 crore and has banquet and convention facilities covering a total area of 61000 square feet.

The new hotel is adjacent to ITC Sonar, and the company said together, the two hotels will offer 693 rooms, suites and serviced apartments, 15 signature dining destinations, 22 meeting venues and 1,00,000 square feet of banqueting space.

Sanjiv Puri, chairman and managing director of ITC Ltd said: This signature property will provide further impetus to transforming the tourism landscape in the state and will be an icon of repute on the world tourism map. This landmark investment from ITC is a part of the companys growing footprint in the state across all sectors, namely agriculture, manufacturing and services.

Nakul Anand, executive director, ITC Ltd said the addition of ITC Royal Bengal to their luxury hotel portfolio further strengthens their presence in Eastern India. "In keeping with ITC Hotels' philosophy of Responsible Luxury and creating indigenous experiences, ITC Royal Bengal is rooted to the ethos of the land and pays a tribute to these finest experiences that while being indigenous to the State are celebrated globally," he said.

(c) 2019 The Zimbabwean. All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials (INR)
Sales 2020 480 B
EBIT 2020 175 B
Net income 2020 153 B
Finance 2020 204 B
Yield 2020 4,36%
P/E ratio 2020 14,4x
P/E ratio 2021 13,6x
EV / Sales2020 4,15x
EV / Sales2021 3,77x
Capitalization 2 196 B
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Last Close Price 178,65  
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Managers
NameTitle
Sanjiv Puri Chairman & Managing Director
V. Kulkarni Chief Operating Officer-PSPD
Rajiv Tandon Chief Financial Officer & Executive Director
Jagdish Singh Vice President-Finance, IT & Procurement
Sunil Behari Mathur Independent Non-Executive Director
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