BIG NEWS ALERT FROM ITC

Established in 1910, ITC is the largest cigarette manufacturer and seller in the country. 

ITC operates in five business segments at present — FMCG Cigarettes, FMCG Others, Hotels, Paperboards, Paper and Packaging, and Agri Business.

Market cap: Rs. 5,50,000 Cr CMP: Rs. 441 ROCE: 39.2% ROE: 29.1% Dividend yield: 2.89%

ITC stock details

In a move to unlock value and sharpen capital allocation, ITC has decided to demerge its Hotel business

The Big news from ITC Management

For every 10 shares held in ITC, shareholders will receive one share of ITC Hotels 

Post the demerger, shareholders of ITC will own 60 per cent of ITC Hotels while ITC will hold the remaining 40 per cent.

Multibagger alert!!! This smallcap stock rose 2600% in 5 years

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