ITC Share Price Target (2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030) | ITC Ltd Businesses, Future Plans, Fundamentals, Financial Trends and more
Have you come to know about ITC share price target and its businesses? If yes then you are at the right place.
Today we are going to talk about ITC share price target in which we will try to analyze it properly. Well, our main objective is to provide good research of a stock to you, so that you can decide whether you should invest in ITC or not.
Hey, my name is Sachin and I am the author of this website. If you are our old reader, then you must know that we research stocks thoroughly and solve your queries. So like every time, today also we will first try to understand the business of ITC Limited, after that we will predict ITC Share Price Target.
About ITC Ltd
ITC (Indian Tobacco Company) is an Indian multinational aggregate company which was founded in 1910 and headquartered in Kolkata, West Bengal, India. It is one of the largest companie and has a diversified business portfolio that includes FMCG, hotels, agri-business, paperboards and packaging, and information technology.
As the company was founded in 1910 as the Imperial Tobacco Company of India Limited, and it was later renamed to ITC Limited in 1974. The company operates in several industries including tobacco, fast-moving consumer goods, paperboards & packaging, hotels, and agri-business.
The company has a diversified business portfolio that includes several different industries. The main businesses of ITC are:
- Fast Moving Consumer Goods (FMCG): This includes a wide range of products such as packaged foods, cigarettes, personal care products, and stationery items. Company popular cigarette brands include Gold Flake, Wills, and Navy Cut.
- Hotels: The company owns and operates a chain of luxury and premium hotels under the brand name ITC Hotels. ITC also operates budget hotels under the brand name WelcomHotel.
- Paperboards and Packaging: ITC is one of the largest manufacturers of paperboards and packaging materials in India.
- Agri-Business: ITC has a significant presence in the agri-business sector, with operations that include procurement, processing, and distribution of a wide range of agricultural products.
- Information Technology: ITC operates in the IT sector, providing services such as e-commerce, digital payments, and IT consulting to various clients.
- Education and Stationary: ITC runs a chain of schools and stationary business under the brand name of “Eklavya”
- Lifestyle retailing: ITC retails lifestyle and luxury products through its Wills Lifestyle and John Players brands.
Also Read – IOC Share Price Target
ITC Share Price Target 2023, 2024, 2025, 2026, 2030 Table
| Year | ITC Share Price Target |
|---|---|
| 2023 | ₹350 |
| 2024 | ₹410 |
| 2025 | ₹500 |
| 2026 | ₹705 |
| 2027 | ₹935 |
| 2028 | ₹1350 |
| 2029 | ₹1700 |
| 2030 | ₹2200 |
ITC Share Price Target 2023
The first and second share price target of ITC for the year 2023 can be INR350 and INR380.
ITC Share Price Target 2024
The first and second share price target of ITC for the year 2024 can be INR410 and INR440.
ITC Share Price Target 2025
The first and second share price target of ITC for the year 2025 can be INR410 and INR440.
ITC Share Price Target 2030
The first and second share price target of ITC for the year 2030 can be INR410 and INR440.
ITC Fundamentals
| Name | ITC Ltd. |
|---|---|
| Market Cap | ₹4,76,856 Cr |
| P/E ratio | 26.10 |
| EPS | 14.74 |
| ROE | 24.82% |
| Book Value | 52.93 |
| Dividend Yield | 3.19% |
| Debt | ₹253 Cr |
| Debt To Equity | 0 |
Also Read – South Indian Bank Share Price Target
ITC Financial Trends
If we talk about the Revenue and Profit of ITC company then –
Its revenue in 2019 has been ₹ 49,862 Cr and profit is ₹ 12,592 Cr. There was a revenue of ₹51,393 Cr in 2020 and a profit of ₹ 15,306 Cr. In the same 2021, there was a profit of ₹ 13,161 crore with a revenue of ₹ 53,155 Cr. And this year i.e. in 2022 there has been a profit of 15,243 Cr with a revenue of ₹ 65,205 Cr.
For more details about the share of ITC Limited watch this video –
Conclusion
If you are investing in this share only while looking ITC Share Price Target, then do not do this so, because target price depends one various factors which changes time to time. So our opinion always will be that one’s do research by yourself and invest. And yes, do not invest your money by taking loan.
That’s all in this article, we have tried to understand and predict ITC Share Price Target 2023, 2024, 2025, 2026, 2030 very well. If you feel that we have missed something or we need to improve a little more in this, then you can tell by commenting. Because each of your helpful comments helps us in giving good content to the readers like you. Thankyou…
FAQs
Is ITC a Debt free company?
No, ITC has a debt of ₹253 Cr, which is very less.
What will be the share price of ITC in 2030?
Share price of ITC in 2030 can be INR 2200 and INR 2500 respectively. This is the predicted Price, the share price of the ITC can be more or less than what we have mentioned.
What will be the share price of ITC in 2025?
After doing lots of analysis about this stocks, share price of ITC in 2025 can be around INR 500 – INR 550.
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