A Mega-Thread on a 111-year-old conglomerate and one the most debated stocks of the Indian stock markets #ITC (Earlier known as Imperial Tobacco of India) @ITCCorpCom

(Would appreciate a retweet as it helps educate more investors and inspires us to work harder on such threads.)

1) ITC first set foot in 1910 at Calcutta based on agricultural products and services.

2) A year later in 1911, it began sourcing leaf tobacco from South Indian Farmers to mass-produce consumer cigarettes, a landscape it would dominate for over a century!

3) In 1911, They set up a stall at the Delhi Darbar to promote Scissors, one of ITC's initial cigarette brands.

The constant need for promotions ultimately led to the relocation of the company from Calcutta to Delhi.

4) The first step of ITC’s Indianization was initiated in 1954 with 6% Indian shareholding. It steadily rose to 40% by 1971!

5) ITC was the first Indian company to prioritize consumer research, laying the ground for its legendary R&D center that is now half a century old.

6) It is rebranded today as ITC Life Sciences and Technology Centre and continues to play a pivotal role in developing its diverse product range across varied sectors.

Sugar #stocks have been rallying heavily over the past few weeks. And it seems like this has a whole lot to do with a chemical compound that's been all over the news lately.

We're talking about ethanol.

(thread...)

👉Ethanol is a complex derivative that can be extracted while processing sugarcane. It can be extracted from sugarcane juice and even from the likes of corn, bamboo, & rotten potatoes.

💡But what is really unique about #Ethanol is- it has high levels of oxygen, it burns cleaner than your everyday fuels like petrol or diesel. And thankfully for us, India has consistently had a surplus sugar production.

However, the surplus sugar also had its downside in that it sometimes caused the prices to dip. This forced the govt to provide export subsidies to help the farmers & sugar cos.

👉But now the government hopes to kill three birds using one stone. They see an opportunity in using ethanol and to make cleaner fuel, reduce oil imports as well as help our sugar industry.