Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  NATIONAL STOCK EXCHANGE OF INDIA  >  ITC    ITC   INE154A01025

ITC (ITC)
My previous session
Most popular
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsTweets

ITC Limited : WelcomHotel Raviz, Kollam & WelcomHotel Raviz, Kadavu flagged off in Kerala

share with twitter share with LinkedIn share with facebook
share via e-mail
1
11/04/2013 | 01:29pm CET

WelcomHotel Raviz, Kollam & WelcomHotel Raviz, Kadavu flagged off in Kerala
31 Oct 2013

Dr. Ravi Pillai,  Chairman RP Group & Resorts officially handed over management of the 'WelcomHotel Raviz, Kollam' and 'WelcomHotel Raviz, Kadavu' to ITC Hotels' senior executives in a  ceremony graced by Hon'ble Governor of Kerala, Shri Nikhil Kumar and senior  government officials of the Kerala government, in Kollam.

Earlier  this year, ITC Hotels and RP Group Hotels & Resorts entered into a management agreement wherein  ITC's hotel group will operate 5 Raviz hotels, in India and Dubai. These hotels will be managed under  ITC Hotels' 5-star 'WelcomHotel' brand  and the group's mid-market to upscale 'Fortune' brand.

Embodying the WelcomHotel  brand promise of efficiency and warmth with facilities and services designed to  cater to the needs of the business and leisure traveller, the WelcomHotel Raviz Kollam and the WelcomHotel Raviz Kadavu are committed  to creating new benchmarks in hospitality. ITC's tradition of culinary  excellence will be reflected in the Royal  Afghan and Shanghai Club brands  that will debut at these hotels.

In addition, on the anvil are, Fortune Raviz Calicut and two Fortune Raviz hotels in Dubai. Both  Kerala and Dubai possess immense  tourism potential as significant inbound and outbound destinations, for the  country.

The  tie-up has been firmed up through a Memorandum of Understanding between ITC  Hotels and RP Groups Hotels & Resorts. While the two WelcomHotels are already  under a management contract, the three Fortune hotels are a part of the signed  MOU and will be launched subsequently.

As part of its expansion drive, ITC  Hotels recently added several managed hotels under its WelcomHotel and Fortune brand  portfolio, including 'WelcomHotel  Dwarka, New Delhi' and 'WelcomHotel Bella Vista,  Panchkula-Chandigarh'. Also on the anvil are an ITC super-premium luxury hotel in Mahabalipuram, a WelcomHotel in Jodhpur and Patna and more than 30  hotels under the Fortune brand.
distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
1
Latest news on ITC
12/08ITC : logo, chairman's name used in fake website
AQ
11/01ITC : Appoints Ravi Rayavaram as New CEO for Safety Matches and Agarbatti Busine..
AQ
10/30ITC : to enter paneer, milkshake business in two months 
AQ
10/26ITC : Financial Results for the Quarter ended 30th September, 2018
PU
10/01ITC : To focus on high-margin products in personal care
AQ
09/23ITC : Quarterly results - itc limited
AQ
09/23ITC : Trailing twelve month results - itc limited
AQ
09/19ITC : Smells success with deodorant brand engage
AQ
09/16SHARE HOLDING PATTERN AND MARKET REL : - itc limited
AQ
09/16ITC : Financial results - itc limited
AQ
More news
News from SeekingAlpha
2015ITC Holdings' (ITC) CEO Joseph Welch on Q4 2014 Results - Earnings Call Trans.. 
2015ITC Holdings (ITC) Q4 2014 Results - Earnings Call Webcast 
2015ITC Holdings misses by $0.02, misses on revenue 
2015Notable earnings before Thursday?s open 
2015Electric Transmission In Transition - Sheltering $1 Billion A Year In Potenti.. 
Financials (INR)
Sales 2019 453 B
EBIT 2019 182 B
Net income 2019 123 B
Finance 2019 125 B
Yield 2019 2,27%
P/E ratio 2019 27,11
P/E ratio 2020 24,06
EV / Sales 2019 7,13x
EV / Sales 2020 6,35x
Capitalization 3 356 B
Chart ITC
Duration : Period :
ITC Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ITC
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 35
Average target price 339  INR
Spread / Average Target 24%
EPS Revisions
Managers
NameTitle
Sanjiv Puri CEO, Executive Director & Managing Director
Yogesh Chander Deveshwar Chairman
V. Kulkarni Chief Operating Officer-PSPD
Rajiv Tandon Chief Financial Officer & Executive Director
L. C. Chandrasekharan Chief Scientist-Research & Technology Innovation
Sector and Competitors
1st jan.Capitalization (M$)
ITC4.10%47 031
ALTRIA GROUP-24.13%101 807
JAPAN TOBACCO INC-21.63%50 592
HANJAYA MANDALA SAMPOERNA TBK PT--.--%29 937
KT&G CORP--.--%13 197
GUDANG GARAM TBK PT--.--%11 129