Indian enterprise ITC Limited operates in a number of industries, including FMCG, hotels, software, packaging, paperboards, and agriculture. The company was established 113 years ago in 1910, and its main office is located in Virginia House, Kolkata, West Bengal. ITC Limited is the second most valuable FMCG firm in India, with a valuation of Rs 5.54 trillion, surpassed only by Hindustan Unilever Limited (HUL). For the fiscal year 2022–2023, the company brought in a total of Rs 78,498.70 crores in revenue.
Though it has increased by 59.16 since 2019, the ITC Share price target has fluctuated throughout the past 12 months. We'll go over the variables influencing the ITC Share price target 2025 and beyond in this article.
ITC Latest News
The brokerage firm "Jefferies" has kept its rating of "Buy" for ITC since it projects a 7% yearly growth in the company's cigarette EBIT during its fiscal years 2023 and 2026.
The tenth Peshawari, Legendary Dining Establishment of its kind is set to debut at ITC's Kehnur Hotel in Hyderabad.
In North India, ITC hopes to increase its YiPPee! Market share. The second-best-selling brand of noodles in India is YiPPee.
The October–December quarter of 2023 saw a decline in the ITC brand growth rate due to declines in both the ITC cigarette business and the revenue from paperboard and agribusinesses.
ITC's share price dropped when its Q3 2023 results were announced.
Month (2024)Maximum TargetMinimumTarget
JanuaryRs 492.61Rs 428.36
FebruaryRs 502.67Rs 437.10
MarchRs 512.92Rs 446.02
AprilRs 497.98Rs 433.03
MayRs 490.63Rs 426.63
JuneRs 508.29Rs 441.99
JulyRs 503.20Rs 437.57
AugustRs 523.33Rs 455.07
SeptemberRs 544.27Rs 473.28
OctoberRs 533.59Rs 464.00
NovemberRs 549.60Rs 477.91
DecemberRs 563.34Rs 489.86
(Expert Advice is recommended before making any investment-related commitment)
Month (2025)Maximum TargetMinimumTarget
JanuaryRs 574.61Rs 442.01
FebruaryRs 589.34Rs 453.34
MarchRs 612.33Rs 471.02
AprilRs 600.32Rs 461.79
MayRs 582.84Rs 448.34
JuneRs 609.06Rs 468.51
JulyRs 597.12Rs 45932
AugustRs 615.59Rs 473.53
SeptemberRs 637.13Rs 490.10
OctoberRs 653.70Rs 502.85
NovemberRs 670.04Rs 515.42
DecemberRs 686.79Rs 528.30
(Expert Advice is recommended before making any investment-related commitment)
Year Maximum TargetMinimum Target
2026Rs 721.13Rs 504.79
2027Rs 793.25Rs 555.27
2028Rs 1,110.54Rs 555.27
2029Rs 961.51Rs 480.76
2030Rs 1,249.96Rs 874.97
(Expert Advice is recommended before making any investment-related commitment)
ITC LTD Shareholding Pattern
- Promoters: 9.66%
- FII: 43.26%
- Public: 14.71%
- Others: 32.4%
ITC LTD Competitors (Market Cap: 5.54 Trillion INR)
- HUL (Market Cap: 5.90 Trillion INR)
- Procter & Gamble Co (Market Cap: 369.75 Billion INR)
- Nestle SA (Market Cap: 263.56 Billion INR)
- Godrej Consumer Products Ltd (Market Cap: 1.32 BTrillion INR)
- Godfrey Phillips India Ltd (Market Cap: 126.76 Billion INR)
Points to consider before investing in ITC (NSE) Stock
ITC's profit increased at a rate of 16% annually and reached Rs 5,190 crore in 2023.
In the fiscal year 2022–2023, ITC paid out Rs 15.50 per share in dividends, or a dividend yield of 4.59%.
As a member of the ITC Limited Group of Companies, ITC has more than 100 hotels, making it the sixth largest hotel chain in India.
Purchasing ITC in December 2023 with a price objective of Rs 540 has been advised by Axis Securities.
The Jefferies Broker has set a target price of Rs 520 for ITC Share and advised "Buy."
As a business, ITC has consistently and incredibly effectively demonstrated how to minimize expenses and make a significant profit.
In March 2023, RTC's earnings after tax was Rs 18,753.31 crores, up over 30% from the previous year.
Conclusion
Over the course of the last 12 months of trade, the ITC share price has fluctuated significantly on the National Stock Exchange (NSE). ITC (NSE) has down 4.25% in the last half-year and has dropped 4.72% since the company's January 1st share price of Rs 468.05. On the other hand, starting February 1st, 2019, the share price of ITC Ltd. has increased by 23.48% and by 59.16% in 2023. An investor is recommended to thoroughly research a variety of market elements prior to making an investment, including the company's earnings from the previous year, dividend yield, and upcoming initiatives.
