India Tourism Development Corporation Share Price

India Tourism Development Corporation Stock Trends in 2018

1. The stock of Indian Tourism Development Corporation was valued at Rs.515 at the beginning of January 2018. It dipped to Rs.510 in the first week and increased to Rs.585 by the middle of the month and then plummeted. The share price closed at Rs.490.
2. In February, the share price started the month at Rs.479. However, it decreased to Rs.460 by the middle of the month. The stock price further plummeted in the second half of the month ending at Rs.428.
3. The price of stock fluctuated throughout the month of March. In the first half of the month, the share price dipped to Rs.383, however, by 16 March 2018, it crossed the Rs.480 mark. The month closed with the stock priced at Rs.469.
4. In April, the price of the stock was Rs.459 in the beginning and kept steady till the middle of the month. In the second half of the month, the share price touched Rs.485 and ended the month at Rs.487.
5. The price of the share in May started at Rs.482 and plummetted to Rs.403 by mid-month. In the second half of the month, the share price fluctuated ending the month at Rs.415.
6. Due to high fluctuations of the stock market, the month of June was not very beneficial for the investors. The share price at the beginning of June was Rs.407 dipping to Rs.357 in the first few days. However, by the middle of the month, the stock price rose to Rs.480 and yet again plummeted. June closed with the share price at Rs.347.
7. In July, the share price was Rs.359 at the beginning of the month and increased to Rs.417 by midmonth. However, in the second half of the month, the share price decreased to Rs.392, finally ending the month at a price of Rs.434.
8. The share price was steady in the month of August starting at Rs.412 but decreased to Rs.400 by 16 August 2018. The price of the stock dipped gradually in the second half of the month and closed at Rs.397.
9. The price of the stock at the beginning of September 2018 was Rs.399 and decreased to Rs.389 by the middle of the month. In the second half of the month, the company offered a dividend. The closing price of the share was Rs.358.
10. In the month of October, the stock price opened at Rs.317 and plummetted to Rs.310 by the middle of the month. In the second half, the share reached the 52-week low priced at Rs.279, closing the month at Rs.291.
11. In November, the share price opened at Rs.294 and was steady through the month ending at Rs.313.

India Tourism Development Corporation Stock Trends in 2017

1. ITDC had announced the public offering of shares effective from January 2017.
2. The share price of India Tourism Development Corporation was Rs.215 at the beginning of January 2017. By the middle of the month, the price had risen to Rs.301 and ended at Rs.275. The month of February proved beneficial for investors when the price began at Rs.275 and increased to Rs.448 a share by midmonth. In February, the share closed at a price of Rs.391.
3. The price of the stock in March was Rs.402 and was steady throughout the month, ending at Rs.397. The share price in April opened at Rs.416 and due to the stock market doing well, the price of the stock increased to Rs.463 by the middle of the month. The stock reached its 52-week high in April priced at Rs.734.
4. At the beginning of May, the share price was Rs.700 but plummetted to Rs.616 by the middle of the month. The stock closed at Rs.487. In June, the share price was Rs.523 at the beginning of the month crossing the Rs.600 mark by the middle of the month. The share price at the end of June was Rs.538.
5. Coming to July, the price of the stock at the starting of the month was Rs.543 and was steady throughout most of the month. However, in the last week, the price plummetted to Rs.567. The share price fluctuated in August started at Rs.543, dipping to Rs.437 by the middle of the month. The stock closed the month at Rs.500.
6. In September, the price of the stock opened at Rs.502 and was steady. However, at the end of the month, it increased to a great extent, plummetting in the end. In the last two weeks of the month, the share price increased to Rs.613, closing at Rs.525.
7. The stock price was steady through the month of October, opening at Rs.529 and closing at Rs.523. The share price increased at the beginning of November, opening at Rs.574. However, it decreased to Rs.526 by the middle of the month. The stock closed at Rs.522.
8. In December, the price of the stock opened at Rs.514 and was steady through the month. The share price at the end of the month was Rs.521.

Should you invest in India Tourism Development Corporation limited shares?

1. India Tourism Development Corporation is among the leaders in the hospitality sector in the country, established in 1966. Under the brand of Ashok Group of Hotels, ITDC owns close to 20 properties all over the country catering to people all over the world.
2. On a YoY basis, ITDC's revenue from operations has increased from Rs.74.10 crore at the end of September 2017, to Rs.84.96 crore at the end of September 2018.
3. The total income of the company was Rs.79.32 crore at the end of September 2017 which increased by a great extent YoY in 2018. The total income of the company in September 2018 was Rs.89.57 crore.
4. Coming to the expenses of the company, ITDC has shown a YoY increase. From Rs.76.91 crore in September 2017 to Rs.79.52 crore in September 2018.
5. The company's profit or loss before tax deductions has also increased by a great extent. From suffering a loss of Rs.5.43 crore in September 2017, the company has gained a profit of Rs.10.08 crore in September 2018.
6. The segment revenue of the company has increased to a great extent on a YoY basis. Segment revenue includes the Hotel division, International Trade division, Travels and Tours, Consultancy division and the Headquarters division. The total segment revenue for September 2017 was Rs.76.29 which increased to Rs.89.43 crore.
7. In terms of assets for each segment, the company reported total assets worth of Rs.611.04 crore in September 2017. This increased to Rs.683.50 crore by the end of September 2018 which shows a YoY increase.
8. At the end of September 2017, the company showed total current assets worth Rs.516.15 crore which increased to Rs.573.65 crore at the end of September 2018. Coming to non-current assets, at the end of September 2018, non-current assets were worth Rs.109.85 crore compared to Rs.94.88 crore at the end of September 2017.
9. In the market, the share price of ITDC has currently been down since October. However, it might benefit long-term investors depending on the trend of the market. It is of utmost importance that an investor does extensive research before investing in the stock market.

Company Information

The India Tourism Development Corporation was founded with the primary purpose of enabling effective and efficient tourism in the country. The company took over various resorts and hotels, along with catering to people who visit India from all over the world.

ITDC also provides tourist material, entertainment, and other publicity material through hotels and other services. Apart from this, ITDC also runs restaurants, transport facilities and duty-free shopping amenities for people. The Corporation also offers training and education in the field of hospitality through their education centers.

The ITDC has been in charge of 8 hotels by the Ashok Group of Hotels, 5 Joint Venture Hotels, 9 transport units, 1 restaurant and 9 Duty-Free shops at airports and seaports.

History of the company

Indian Tourism Development Corporation was founded in 1966 and is headquartered in New Delhi. The company is in charge of various hotels which are a part of the Ashok Group and also offers training and education to people who wish to serve in the hospitality industry.

Management of the company

1. Mr. Ravneet Kaur - Chairman and Managing Director (Commercial and Marketing Division)
2. Mr. Piyush Tiwari - Director(Commercial and Marketing Division)

Indian Tourism Development Corporation listings in the NSE, BSE and Stock Market Indices:

The Indian Tourism Development Corporation is listed in the two major stock exchanges in the country which are the National Stock Exchange(NSE) and the Bombay Stock Exchange(BSE). The shares which are offered by the ITDC are offered for trading to the general public.

1. NSE Code - ITDC
2. BSE Code - 532189
3. ISIN - INE353K01014
4. Sector - Hotels

The stock market indices the company comprises of are as follows:

1. Nifty 500
2. Nifty Full Smallcap 100
3. Nifty MidSmallcap 400
4. Nifty Smallcap 100
5. Nifty Smallcap 250
6. S&P BSE 250 SmallCap Index
7. S&P BSE 400 MidSmallCap Index
8. S&P BSE 500
9. S&P BSE AllCap
10. S&P BSE Consumer Discretionary Goods & Services
11. S&P BSE CPSE
12. S&P BSE MidSmallCap
13. S&P BSE PSU
14. S&P BSE SmallCap

Registered Office:

India Tourism Development Corp. Ltd.

Scope Complex, Core-8, 6th Floor,

7-Lodhi Road,

New Delhi-110 003.

Contact number - 01124360182

Stocks vs. Mutual Funds: here's what we recommend

Stock market investments require a lot of research and knowledge. They do not generally offer any tax benefits and are regarded as high-risk investments. Hence,it is crucial to have a diversified portfolio. At Bankbazaar, we encourage our readers to invest on mutual funds.It doesn't require a lot of knowledge and equity linked mutual fund schemes offer tax benefits. Additionally, since mutual funds comprise stocks from multiple companies, they help in building a diversified portfolio.

DISCLAIMER:

The contents of this post/blog does not constitute financial or other professional advice nor does it imply in any manner a principal-agent relationship, and is not a professional advice on a specific financial matter.