ITC Share Price Target 2024, 2025, and 2026

ITC is involved in many businesses and it is one of the leading companies in many businesses like Cigret, Hotel, FMCG, etc. In the last 2 years, the ITC stock has approx 125% return. In the future, the numbers will keep growing because of the largest market share of multiple industries. As a result, the chance of getting big ITC share price targets in 2024, 2025, and 2026 is very high.

ITC Share Price Target

ITC is one of the top choices of millions of investors, not India, but all over the world. As the company is involved in a very large number of businesses and many business ITC is one of the leading companies.

The ITC company is involved in multiple businesses and there are a lot of subsidy companies of the ITC. Let’s check the stock chart, fundamentals, and all the business to check the targets of the ITC company for the upcoming years.

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About ITC

ITC company was founded in 1910 and as of now, its managing director is Mr. Sanjiv Puri. ITC is involved in multiple businesses like food, education, hotels, tobacco, matches, agarbatti, and many more.

ITC company is an Indian company that is involved in multiple businesses of different segments. In the business, it has a very large number of products like in the food business they have Ashirvaad, Sunfest, Bingo, Sunrise, Yippee, etc.

In the personal care business, the company has products like EDW Essenza, Dermafique, Fiama, Vivel, Nimyle, etc.

There are many businesses in which the company is involved and most of the products we are using it and well-known in the market. You can check ITC’s official website to know more about their business in detail.

Company Fundamentals

There are multiple terms in a fundamental of the company. These terms help to analyze the company and check its strength whether the company is fundamentally weak or strong. Not only strength you can also check the growth of the company in the past year and you can compare it with the present data to predict the future of the company’s growth.

For long-term investors company fundamentals is a very important for investing. The people who ignore it may face a huge loss in their investments or can not make good profits even in good market conditions.

Note: Please cross-check the below-shared information from your broker website or any other trusted website. Please let us know if any information is wrong. The fundamental data was last updated on 06 January 2024.

Profit Growth (Last 5 Years)

YearProfits (In Crores)
March 2019₹12,836
March 2020₹15,593
March 2021₹13,383
March 2022₹15,503
March 2023₹19,477

Quarterly Results (Profits)

QuarterProfits (In Rs. Cr.)
Sep 2022₹4,670
Dec 2022₹5,070
Mar 2023₹5,225
Jun 2023₹5,180
Sep 2023₹4,956

Company Essentials

Market Cap₹5,91,219CrROE29.21%
P/E Ratio (TTM)29.29EPS (TTM)16.18
P/B Ratio8.56Div Yield3.26%
Industry P/E28.90Book Value55.39
Debt to Equity0.00Face Value1

Share Holding Pattern

Held ByHolding %
FII43.34 %
DII41.97 %
Public14.69 %
Promoters0.0 %
Other Holders0.0%

Key Points

  • ₹ 4.54 Cr. DEBT on the company which is very less and can be considered as the company is DEBT free.
  • ITC stock is trading at a very high premium, which means investors are buying the stock at a high price as they are expecting good returns from the stock.
  • Over the last 3 years the ITC company’s sales growth, and profit growth have increased.
  • The dividend Yield of the IRC is very high i.e. 3.53% which means this stock is a good source of extra income.
  • The PE ratio of the company is near approx 28.23 which is very high which indicates that the ITC stock is overvalued.

Quarterly Results (Q2)

  • In Q2 ITC reported 10.3% i.e. Rs. 4,927 Cr. YoY net profit.
  • ITC Cigarette business was given a revenue of Rs. 7,658 Crore in the quarter.
  • Other businesses like hotels, paper, and FMCG were also given a good revenue in the quarter.

These things indicate the ITC business is growing very rapidly. Most of the income ITC income comes from its tobacco or cigarette business.

Thumb Rules for Investing

If you are an investor and want to book maximum profit on your investments then you have to follow some basic rules that are shared by many experienced investors from all over the world.

Not only in maximizing the return on your investments these rules also help you to book loss or profit at right so, that you can make more profit and decrease losses in the worst market crash.

Note: There are not sufficient rules that will make you high-level investors. In different stocks and sectors, there are multiple factors investors proper to check before investing in stocks. These things come from knowledge and experience.

Rule #1: Do not invest all the money in one sector’s stocks. No matter what is the future of the sector. If you invested all the money in one sector, you’ll be in a huge loss if the sector faces any issue.

Rule #2: Invest a maximum of 5% – 6% of the total money in any stock. Suppose you have Rs. 1 Lakh the invest only 5000 – 6000 in any stock. This rule is applicable when you are retail, and can not track all the stocks.

Rule #3: Invest in a maximum of 2-3 stocks of a sector. When any sector faces problems then other sectors’ stock will save you from huge losses.

Rule #4: Invest in stock when the stock the available at a 10% low from its 52-week high. Some people invest in stocks at high, and as a result, they do not get good returns on their investments.

Rule #5: Invest in stocks for at least 5 – 7 years to get very high returns. Keep booking the profit from time to time.

Rule #6: Keep averaging the stock if everything is right in the company and the stock is available at a high discount due to any market crash.

Rule #7: Before Investing in any stock make sure you check its fundamental and related news. It will help you to stay away from the stock which can give you huge losses.

ITC Share Price Target

In recent years ITC stock has given a massive return and still it is very bullish as of now. According to the experts, the move is not over yet. It may take some time to rest or profit booking but in the next few years, ITC’s share price target of 2024, 2025, and 2026 can be massive.

ITC’s share price target can take a long time to achieve as ITC announced the demerger of ITC Hotel. In the demerger, the investors who have 10 shares of ITC will get 1 share of ITC Hotel. The news can only impact in the short term but not in the long term as ITC is also involved in many businesses.

Disclaimer: We are not SEBI registered. The post is only for educational purposes not for any investing advice. Do your analysis or ask your financial advisor before investing. We will not be responsible for any loss or profit.

ITC share price target 2023

In the last 2 years, the ITC has given approx 125% return which is an unbelievable return but before that time the ITC company stock was consolidating due to the several impacts on the business from many things.

As of now, the ITC is looking very bullish and there are very high chance the stock can make another new all-time high. At the all-time high of the stock, a massive profit booking happened as a result of the stock fall but now again the stock is near to its all-time high.

ITC share price target 2025

If you are planning to invest in the stock for the long term then it is not a good idea. As you can see the ITC stock PE Ratio is very high, a high PE ratio indicates that the stock is overvalued.

An overvalued stock does not mean the investors have a lot of expectations from the stock i.e. good profit growth in the future. In case, if the company does not get profits then the sock can fall very badly.

There is no doubt that the stock is very good for the long term but the problem is there is also very high risk. You can invest in the stock in SIP mode or different levels using technical analysis to get profits or good returns.

In 2024, if the stock gives good results so, we can see a target of Rs. 570 to Rs. 600.

ITC Share Price Target 2026

As of now, the stock ITC stock is down by approx 10% from its all-time high. According to the investing rules it can be a good opportunity but the PE of the stock is very high. If you want to invest in the stock then you should invest for at least 5 to 7 years to get a massive return.

High PE does not mean the stock is not good it means the major crashes may come in the stock if the stock is not given good profits or revenue in the future. There are also other metrics you should check before investing in any stock. On the base of the PE ratio investing in any stock is not a good idea.

The revenue growth of the ITC company was increasing for the last 5 years and it is expected that it will keep rising because of the ITC Business model and the leadership of many products in several industries.

In 2026, we can see another big move in the ITC stock. The target price of ITC for 2026 is approx Rs. 700 – 800. The target can be updated with the time, news, updates, price action, etc.

FAQs

What is the target price of ITC in 2025?

In 2025, according to experts, the expected share price target of ITC stock is Rs. 700 to 800.

Is it good to buy ITC shares now?

As of now, the stock is trading near its all-time high. You should only buy any stock when it is available at least a 10 – 15% discount. While buying any discounted stock make sure everything is right in the stock.

Can I buy ITC shares for the long term?

Yes, you can buy as the business model of the stock is good and the future of the stock is also good. While buying any stocks, make sure you are buying them at a discounted price and with a proper analysis of the stock and its business.

Final Words: According to the experts and a lot of investors the ITC stock is very good for the long term. By investing strategically anyone can make a good profit in the upcoming years. The stock also gives very high dividends so, you’ll get some extra money too from the stock. ITC’s share price target for 2024, 2025, and 2026 is very attractive.

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