ITC Limited Stock Information
History of the ITC Ltd:
In August 1910 ITC was established, as Imperial Tobacco Company of India Limited. In its initial years, the company concentrated on tobacco products. During this time, the ownership of the company 'Indianised' and as a result, it was renamed as Indian Tobacco Company in 1970 and subsequently to I.T.C. Limited in 1974.
It was in the seventies that the company decided to diversify its business portfolio and pursue other ventures. In 1975 ITC took its first step towards diversification when it purchased a hotel in Chennai. Since that purchase, ITC Hotels has grown to become the second biggest hotel chain in India.
National Stock Exchange (NSE)
NSE was set up in 1992 by a group of leading Indian financial institutions, following the Indian Government's directives. It aimed to bring transparency to the Indian capital market. It was India's first demutualized electronic exchange which operated on a completely automated screen-based electronic trading system, offering an easy trading facility to all Indian investors.
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