ITC share price target 2025

ITC Limited (ITC) is an Indian conglomerate that operates in the following sectors: FMCG; Hotels; Software; Packaging; Paperboards; Agri. ITC share price target 2024, it has its registered office in Virginia House in Kolkata.

The company has a capitalization of Rs.54 trillion and is India’s second-most-valuable FMCG conglomerate after HUL. ITC share price target 2025 generated a revenue of Rs. 78.498.70 crore in the current fiscal year. However, the share price of ITC Limited has been oscillating over the past 12 months, although it has increased by 59.16 in ITC share price target 2030. This article will discuss the factors that will influence the ITC share price in 2025 and beyond.

ITC Latest News

Jefferies, a brokerage firm, has maintained its ‘Buy’ ITC share price target, expecting the company’s cigarette EBIT margin to increase 7% year-on-year in FY2023–2026.

ITC is set to open a new legendary Dining Establishment, the Peshawari, at its hotel Kannur in Hyderabad, which will be the 10th of its kind in the country.

ITC is also looking to expand its market share of Yippee in North India, where ITC share price prediction 2025 in noodles.

The ITC brand’s growth rate has been affected by a decrease in the cigarette business, as well as a decrease in revenues from paperboard, and agri-businesses in Q3 of FY2023 (October-December).

ITC’s share price has fallen recently after the company’s Q3 results in 2023.

Points to consider before investing in ITC (NSE) Stock

ITC had a year-on-year (YoY) profit growth of 16% and reached a turnover of Rs 5.190 crore in FY2023. In FY2023, ITC’s dividend yield was 4.59% and the company paid a dividend of Rs 15,50 per share. ITC operates a chain of more than 100 hotels across India as a part of ITC Limited group of companies. ITC share price prediction 2030 It is the 5th largest chain of hotels across the country.

Axis Securities has a price target on ITC shares of Rs 540 for the month of December 2023. Jefferies Broker is recommending ITC shares of ‘Buy’ and has a target price on ITC shares at Rs 520. ITC has been consistently and efficiently managing its expenses and has been able to generate substantial revenue. RTC’s FY2023 profit after tax was Rs 18.753.31 crore, which is an increase of over 30% from FY19.

Conclusion

ITC share price has been one of the most volatile stocks on the NSE over the past one year of trading. ITC share price prediction of ITC (ITC) has depreciated by 4.25 % over the past six months. It has depreciated 4.72 % since 1 January 2019 when the ITC share price was Rs 468,05. In FY2023, the ITC Ltd Share Price has increased by 23.48 % and has increased by 59.16 % since Feb 1, 2019.

Before investing in ITC share price, an investor should do thorough research on various market factors like the company’s last year’s earnings, dividend yield and future projects.