ITC is India’s leading conglomerate company who has diversified it’s all capital into various sectors like FMCG, Hotels, Stationary, Packaging, Apparels and Agri Business which is also a good sign of smart investing and smart business.
ITC Ltd was founded on August 24, 1910 as Imperial Tobacco Company of India.
As you know the capital invested by companies are same like the investment by a small investor well the difference is companies invest to work for where as an investor invest to take return from.
ITC Ltd is basically a Tobacco company listed under Cigarettes sector while it has many child businesses which help in the growth of overall company and it has been the ever green stock for the long term investors.
Why Should you Invest in ITC Ltd?
As I have discussed above that smart investor diversifies it’s capital in different sectors same thing has been done by ITC Ltd so if you are going to invest in ITC stock then you are going to become a smart investor as you don’t need to analyze and invest in different sectors as ITC Ltd has already done it for you all you have to do is just go for ITC Ltd.
According to Historical Price movements of this stock you can see that how this stock has outperformed and given it’s smart investors smart returns.
Well you can see in the above chart that how this stock has been the bull from it’s starting days as now it has been in it’s correction phase one can enter into this stock at current prices for the long term investment say for the period of 1-3 Years.