ITC’s 2,500 Crore IT Business

ITC is an organization with over Rs. 45,000 crore annual revenue. The major part of this revenue comes from the sale of cigarettes, consumer products, and a chain of hotels. ITC has seen a surge in its share price recently, the reason for this surge is ITC Infotech. 

ITC Infotech is a small-scale IT service company that provides consultation and automation services to improve the manufacturing process. According to a report published by a research and broking firm Emkay Global, the boom in the technology sector ever since Covid-19 has led to the growth of ITC share price.