ITC, tobacco to hospitality major is all set to speed up its Rs 25,000-crore investment plan, by expanding its network of hotels. Currently, it has 40 hotel projects in the pipeline.
A portion of the investment of Rs 10,000 crore has been allocated to expand its hotels division. Besides, it is also planning one luxury hotel in Sri Lanka. The remaining Rs 15,000 crore will be invested across verticals including food, lifestyle retailing, personal-care products, and packaging to agri commodities, paperboards and stationery.
The company has purchased land in Sri Lanka for a luxury hotel in Colombo, while it is also looking at setting up a greenfield project in Nepal. The company will look out for more opportunities in Southeast Asia, as it believes that the neighboring countries have a market to afford a few luxury hotels.
Company Name | CMP |
---|---|
ITC | 428.55 |
Godfrey Phillips | 3090.50 |
VST Industries | 3565.00 |
The Indian Wood Pro. | 28.15 |
Golden Tobacco | 37.95 |
View more.. |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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