ITC Ltd

ITC Ltd Share Price Today

Established in 1970, ITC Limited is an Indian conglomerate company headquartered in Kolkata. It is widely used in various industries, including agribusiness, hotels, packaging, FMCG, speciality paper, and software. ITC contributes to major sectors like manufacturing, agriculture, and services, creating 6 million sustainable livelihoods, most of which are the poorest in rural India. As of March 31, 2024, ITC reported total sales of ₹69,446 crore, up from ₹65,272.88 crore in the previous fiscal year.

ITC is one of the top private companies in India. The company is divided into four business segments: agribusiness, paper/packaging, corrugated cardboard, hotels, and FMCG. The FMCG segment includes tobacco, education and stationery, personal care products, safety matches, and clothing. The hotel segment includes hotel management, while the corrugated board, paper, and packaging segments include corrugated board, specialty paper, and flexible materials. The agribusiness segment includes agricultural products. The "Other" segment includes IT services and branded housing. You can keep an eye on ITC share price today on NSE & BSE daily for better insights. 

History of ITC Ltd

ITC Ltd, formerly Imperial Tobacco Company of India Ltd, was incorporated in 1910 and has since been Indianized. Initially a major tobacco company, it expanded into hospitality, packaged foods, education, and agribusiness. In 1954, it became a public limited company. Today, it is professionally managed without promoters and holds a 15.26% stake in LIC as of June 2023. The company has diversified into various sectors, including hotels, paperboards, and information technology. ITC Limited share price has experienced significant fluctuations since the company's listing date. 

Key Personnel of ITC Ltd

Mr. Sanjeev Puri, MD and Chairman

Mr. Puri graduated from the Wharton School of Business and IIT Kharagpur. He has been employed by ITC since 1986, holding several positions, including Chief Operating Officer, President of FMCG Businesses, and Divisional Chief Executive of the Tobacco Division. 

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ITC Financial Highlights

• The sales revenue of ITC Ltd has increased by over twofold between FY 2012 and FY 2022.
• The company has demonstrated a 10% compounded profit growth between FY 2013 and FY 2023.
• In the ten years between FY 2013 and FY 23 it has had a return on equity of about 25%.
• The company's net cash flow has fluctuated between positive and negative values at least twice between FY 2019 and FY 2023, indicating that it lacks stability.

Key Factors Influencing ITC Share Price

Financial Performance, Dividend payout, market trends, industry trends, macroeconomic factors, share buybacks, and investor sentiments are a few of the factors influencing ITC share price. Also, while investing in stock, you must ensure that it aligns with your investment goals and risk appetite.