Jupiter’s transit will help ITC strengthen its financial position till August 2016…
The Indian Tobacco Company Ltd. (ITC), the cigarette manufacturer which makes the cult brands Wills, Gold Flake, India Kings and Classic among others, is an Indian conglomerate head-quartered in Kolkata. Its business also includes Fast Moving Consumer Goods (FMCG), Hotels, Paper-boards & Packaging, Agri Business & Information Technology. The ITC was established in 1910 as the Imperial Tobacco Company of India Limited, and renamed as the Indian Tobacco Company Limited in 1970. Having completed 100 years of existence in 2010, it registered an annual turnover of US$ 8.31 billion and a market capitalisation of US$ 45 billion in 2012-13. The company employs over 25,000 people at more than 60 locations across India and is part of the Forbes 2000 list.
In this predictive article, Ganesha takes a look at the Foundation Chart of the company and predicts the probable trends in store for it. Read on…
Indian Tobacco Company Ltd.
THE STARRY PICTURE:
- Ganesha notes that in the Foundation Chart of ITC, Leo is the rising Sign and Sun is placed in its own Sign therein.
- Jupiter is also placed in its own Sign Pisces in the 8th House. Ganesha notes that as per the product, the Horoscope is quite strong.
- Talking of the current astrological transits, Ganesha notes that in the Foundation Chart of ITC, Mercury is placed at 24 Degrees in the Sign of Leo and Jupiter is transiting at around 25 Degrees in the same Sign. This indicates that there will be a lot of financial gains for the company and the overall economic picture is also likely to improve. Moreover, it is to be observed that Mercury happens to be the Lord of the 2nd House (finances) and 11th House (gains) in the Chart of ITC, and due to the favourable transit of Jupiter, the company also received benefits from the Union Budget 2016-17.
WHAT NEXT ?
- Taking a look at the starry picture of the near future, Ganesha feels that as the transiting Rahu will inch closer to the Natal Mercury in the Ascendant of ITC, things will become highly uncertain and risky. There will be more fluctuations and the joyride that the company may enjoy due to Jupiter may be brought to a halt by Rahu. Post August 2016, the problems may escalate for ITC, and there may be some losses due to some wrong decision-making by the management.