ITC Share Price Target 2024 2025 to 2030 Best Predictions
ITC Limited, an Indian business, is involved in FMCG, hotels, software, packaging, paperboards, and agriculture, among other industries. The company's main office is located in Virginia House, Kolkata, West Bengal, and it was founded 113 years ago in 1910. With a valuation of Rs 5.54 trillion, ITC Limited is the second most valuable FMCG company in India, only surpassed by Hindustan Unilever Limited (HUL). The company earned a total of Rs 78,498.70 crores in revenue for the fiscal year 2022–2023.
The ITC Share price target has varied over the last 12 months, despite a 59.16 gain from 2019. In this post, we'll discuss the factors driving the ITC Share price target 2025 and beyond.
ITC Latest News
Since the brokerage firm "Jefferies" predicts a 7% annual growth in the company's cigarette EBIT throughout its fiscal years 2023 and 2026, it has maintained its "Buy" rating for ITC.
At Hyderabad's ITC Kehnur Hotel, the eleventh Peshawari, Legendary Dining Establishment of its sort is scheduled to open.
ITC wants to grow its YiPPee! Market share in North India. YiPPee is India's second-best-selling brand of noodles.
The ITC brand growth rate decreased in the October–December quarter of 2023 as a result of drops in sales of paperboard and agribusinesses as well as the ITC cigarette business.
Following the release of its Q3 2023 results, ITC's share price fell.
ITC Share Price Target 2024
| Month (2024) | Maximum Target | MinimumTarget |
| January | Rs 492.61 | Rs 428.36 |
| February | Rs 502.67 | Rs 437.10 |
| March | Rs 512.92 | Rs 446.02 |
| April | Rs 497.98 | Rs 433.03 |
| May | Rs 490.63 | Rs 426.63 |
| June | Rs 508.29 | Rs 441.99 |
| July | Rs 503.20 | Rs 437.57 |
| August | Rs 523.33 | Rs 455.07 |
| September | Rs 544.27 | Rs 473.28 |
| October | Rs 533.59 | Rs 464.00 |
| November | Rs 549.60 | Rs 477.91 |
| December | Rs 563.34 | Rs 489.86 |
(Expert Advice is recommended before making any investment-related commitment)ITC Share price forecast 2025
| Month (2025) | Maximum Target | MinimumTarget |
| January | Rs 574.61 | Rs 442.01 |
| February | Rs 589.34 | Rs 453.34 |
| March | Rs 612.33 | Rs 471.02 |
| April | Rs 600.32 | Rs 461.79 |
| May | Rs 582.84 | Rs 448.34 |
| June | Rs 609.06 | Rs 468.51 |
| July | Rs 597.12 | Rs 45932 |
| August | Rs 615.59 | Rs 473.53 |
| September | Rs 637.13 | Rs 490.10 |
| October | Rs 653.70 | Rs 502.85 |
| November | Rs 670.04 | Rs 515.42 |
| December | Rs 686.79 | Rs 528.30 |
(Expert Advice is recommended before making any investment-related commitment)ITC Share Price Target 2026 to ITC Share price target 2030
| Year | Maximum Target | Minimum Target |
|---|---|---|
| 2026 | Rs 721.13 | Rs 504.79 |
| 2027 | Rs 793.25 | Rs 555.27 |
| 2028 | Rs 1,110.54 | Rs 555.27 |
| 2029 | Rs 961.51 | Rs 480.76 |
| 2030 | Rs 1,249.96 | Rs 874.97 |
(Expert Advice is recommended before making any investment-related commitment)ITC Financials (2023)
| Revenue | 709.37 Billion INR | 16.93% YOY |
| Operating expense | 172.12 Billion INR | 16.69% YOY |
| Net Income | 191.92 Billion INR | 25.91% YOY |
| Net Profit Margin | 27.05 | 7.68% YOY |
| Earnings Per Share | 15.05 | 21.63% |
| EBITDA | 255.74 Billion INR | 24.78% |
| Effective Tax Rate | 24.84% | |
| Total Assets | 858.83 Billion INR | 11.16% YOY |
| Total Liabilities | 163.44 Billion INR | 13.21% YOY |
| Total Equity | 695.39 Billion INR | |
| Return on assets | 18.28% | |
| Return on Capital | 22.44% | |
| P/E Ratio | 27.02 | |
| Dividend Yield | 2.87% |
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
At a pace of sixteen percent each year, ITC Share price prediction 2025 profit rose to five hundred and ninety-three crore in 2023.
ITC distributed dividends of Rs 15.50 per share, or a dividend yield of 4.59%, for the fiscal year 2022–2023.
ITC is the sixth-largest hotel chain in India, with more than 100 hotels as part of the ITC Limited Group of Companies.
Axis Securities has recommended buying ITC in December 2023 with a price target of Rs 540.
For ITC shares, the Jefferies Broker has set a target price of Rs 520 and recommended "Buy."
ITC has proven time and time again as a business that it is possible to cut costs while turning a healthy profit.
RTC reported earnings after tax of Rs 18,753.31 crores in March 2023, a 30% increase over the same month the previous year.
Conclusion
The price of ITC shares on the National Stock Exchange (NSE) has varied dramatically throughout the past 12 months of trading. ITC (NSE) has down 4.72% since the company's January 1st share price of Rs 468.05. It has also decreased 4.25% over the past six months. Conversely, since February 1st, 2019, ITC Ltd.'s share price has climbed by 23.48%, and by 59.16% in 2023. Before making an investment, it is advised that an investor extensively investigates a number of market factors, such as the company's earnings from the previous year, dividend yield, and planned plans.
