395.50 25.00(6.75%)
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This tools helps you project your potential return on investments for the given stock, for a specified amount over a per-defined period of time.
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in 12 36 60 Months Ago
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India Tourism Development Corporation Limited (ITDC) was incorporated in March, 1965. The Company is running hotels, restaurants at various places for tourists, besides providing transport facilities. In addition, the Company is engaged in production, distribution and sale of tourist publicity literature, providing entertainment, duty free shopping facilities to tourists, hospitality & tourism management of the Company imparting training and education in the field of tourism and hospitality through Ashok Institute of Hospitality & Tourism Management etc. The Hotel Units were set up under the aforesaid subsidiary companies at Puducherry Ranchi and Puri respectively. The President of India holds a 87.03% equity stake in ITDC as on March 31, 2025.ITDC is a Central Public Sector Undertaking (CPSU). Process of dilution of Government equity in CPSEs is undertaken by Department of Investment and Public Assets Management (DIPAM). DIPAM has already appointed SBI Capital Ltd. and IDBI Capital Ltd. jointly as the Merchant Banker and M/s Cyril Amarchand Mangaldas as the legal advisor for dilution of equity of Government of India in ITDC. ITDC is following with the Ministry of Tourism to pursue the matter with DIPAM for compliance of Minimum Public Shareholding norms in ITDC.During th...