Cigarettes-to-hotels major ITC is looking to set shop in Sri Lanka within the next 5 years. Besides that, he also said Indian conglomerate will open new hotels in Ahmedabad, Hyderabad, Kolkata, Amritsar, Delhi and Chennai.
Cigarettes-to-hotels major ITC is looking to set shop in Sri Lanka within the next 5 years, says chairman YC Deveshwar. Besides that, he also said Indian conglomerate will open new hotels in Ahmedabad, Hyderabad, Kolkata, Amritsar, Delhi and Chennai.
"There's one that has come up, Fortune Hotel in Bangalore. So there are many projects underway. There's a second hotel in Calcutta," he told CNBC-TV18.
ITC stock price
On September 16, 2014, ITC closed at Rs 353.15, up Rs 1.50, or 0.43 percent. The 52-week high of the share was Rs 386.75 and the 52-week low was Rs 307.60.
The company's trailing 12-month (TTM) EPS was at Rs 11.40 per share as per the quarter ended June 2014. The stock's price-to-earnings (P/E) ratio was 30.98. The latest book value of the company is Rs 32.97 per share. At current value, the price-to-book value of the company is 10.71.
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