Are you looking for a ITC Share Price Target of 2023, 2024, 2025, 2026, 2027,2028,2029 and 2030?
Here is the in and out of ITC share price target 2023,2024,2025,2026,2027,2028,2029 and 2030. These predicted share price is based on the comprehensive analysis of the company’s growth potential and historical data.
This load of information helps you with decisions about long-term and short-term investments.
It will surely help you out in SIP(Systematic Investment Plan) for better ROI(Return On Investment).
Share price Overview::
I am Stanly Knight, a Stock Market research Analyst from 2000 to till date. Having more than 22 years of experience in Stock Market Analysis and Price Analysis in the Indian share Market and American Stock Market. I have even worked as a freelance analyst for many companies to improve their portfolio management and risk analysis of their Investment.
Below we are going to summarize the fundamentals and the share price targets from 2023 to 2030. The fundamentals are accurate as per the NSE(National Stock Exchange) and BSE(Bombay Stock Exchange) data. and the prediction is completely based on our company policies and our team experts’ perspectives.
Company Overview
Imperial Tobacco Company (BSE: 500875, NSE: ITC)
ITC(Imperial Tobacco Company), is a large company headquartered in Kolkata, India. They do many different things such as making things we use every day, running hotels, creating computer programs, and making packaging and paper. They also work in agriculture.
The ITC business consists of 13 segments. They sell their products in 90 different countries and you can find their products in 6 million stores. In April 2023, the company’s value became huge, exceeding ₹500,000 crore (equivalent to $63 billion in US currency). Then, in July 2023, it became even bigger, crossing ₹600,000 crore (or about $75 billion). It has become India’s largest company manufacturing everyday items, even larger than Hindustan Unilever. Many people work for them, about 36,500 people spread across more than 60 locations in India.
Upcoming Projects of ITC
| Year | Projects |
|---|---|
| 2023 | Coming up with new premium products for normal people |
| 2023 | ************************* |
ITC Company Fundamentals:
- Rewards for each win:
- Think of the PE ratio as a way to see if a stock is a bargain. For every rupee a company earns, it shows how much investors are willing to pay for a share. If it’s low, the stock may be a bargain. ITC’s PE ratio is 28.93, which is quite high, meaning it is probably overvalued.
- Efficiency in making money:
- Return on assets (ROA) checks whether a company is using its resources wisely to make money. It’s like asking, “Can they turn what they have into profit?” ITC’s ROA is 23.84%, which is good because it means they are making money efficiently.
- Stay safe with money:
- The current ratio is like the company’s safety net. It tells you whether they can cover their short-term bills with hot-selling products. A high liquidity ratio is preferable because it means they may encounter unexpected financial problems. The current ITC ratio is 2.84. Shareholders’ joy:
- Return on equity (ROE) :
- tests whether a company can generate profits from the money invested by investors. A higher ROE means happier investors. ITC’s ROE is 29.55%, which is a good sign.
- Debt verification:
- Debt ratios help us understand whether a company has too much debt or not. ITC has a D/E ratio of 0.00, which means it doesn’t have much debt in its currency composition. Selling items:
- The inventory turnover ratio examines how quickly a company sells and replaces its products. ITC’s ratio is 6.82, which suggests they may need to work on managing their business and cash flow better.
- Currency growth:
- ITC’s sales increased by 17.22%, which is quite good considering their performance.
- Check efficiency:
- The operating profit margin (36.29%) shows how effectively ITC manages its business.
- Dividend distribution:
- The dividend yield tells us how much dividend we will receive relative to the stock price. ITC’s yield is 3.43% and this year’s dividend is Rs 15.50 crore.
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ITC Share Price Target Analytics from 2023 to 2030
ITC share price target for 2023, 2024, 2025, 2026, 2027, 2028, 2029 and 2030 are available here. TradingView charts and technical analysis are used to forecast or predict the price of ITC shares. This price prediction was aided by our team of expert advice.
ITC share price target 2023|ITC share price forecast 2023
When a company continually makes more money, it attracts a large number of investors who want a piece of that success pie. As they compete for shares, share prices follow an upward trend.
| First Target | 459 |
| Second Target | 466 |
| Third target | 471 |
ITC share Price target 2024|ITC share price forecast 2024
Think of it as the magnetic attraction of a business to more and more customers. The bigger the crowd, the higher the sales, and it’s like music to investors’ ears, causing stock prices to fluctuate.
| First Target | 490 |
| Second Target | 498 |
| Third target | 505 |
ITC share price target 2025|ITC share price forecast 2025
Sometimes it’s all about mood. If investors feel the same good vibes about a company, they will jump on the bandwagon, sending the stock price soaring. Conversely, a pessimistic mood can cause prices to fall into a downward spiral.
| First Target | 518 |
| Second Target | 542 |
| Third target | 563 |
ITC share price target 2026|ITC share price forecast 2026
Imagine a company returning money to its shareholders, like throwing a coin into a wishing well. Shareholders like that and tend to hold on to their shares, or even buy more, which can increase the share price.
| First Target | 619 |
| Second Target | 641 |
| Third target | 654 |
ITC share price target 2027|ITC share price forecast 2027
Think of a company as a star athlete in a race, consistently outpacing its competitors. Investors cheer winners, and that cheering can lead to higher stock prices.
| First Target | 741 |
| Second Target | 754 |
| Third target | 781 |
ITC share price target 2028|ITC share price forecast 2028
Some companies are riding the wave of booming industries. Investors are flocking to them, believing they are catching the next big wave. This rush of interest can push stock prices up.
| First Target | 914 |
| Second Target | 936 |
| Third target | 953 |
ITC share price target 2029|ITC share price forecast 2029
Companies continuously come up with new ideas and products that will attract investors. They see a bright future full of potential, and this optimism can lead to higher stock prices.
| First Target | 1203 |
| Second Target | 1231 |
| Third target | 1240 |
ITC share price target 2030|ITC share price forecast 2030
When a company has a strong financial fortress, it acts as a stronghold in the eyes of investors. They feel secure so they invest more, and this consolidation often strengthens stock prices.
| First Target | 1485 |
| Second Target | 1506 |
| Third target | 1532 |
ITC Buy or Sell call: SWOT
Minimum And Maximum ITC Share
| YEAR | MIN | MAX |
| 2023 | 463 | 471 |
| 2024 | 496 | 505 |
| 2025 | 555 | 563 |
| 2026 | 641 | 654 |
| 2027 | 762 | 781 |
| 2028 | 926 | 953 |
| 2029 | 1198 | 1240 |
| 2030 | 1493 | 1532 |
ITC Dividend history
| Ex Date | Dividend type | Dividend % | Dividend Rs Per Share |
| 30-05-2023 | Final | 675 | 6.75 |
| 30-05-2023 | Special | 275 | 2.75 |
| 15-02-2023 | Interim | 600 | 6.00 |
| 26-05-2022 | Final | 625 | 6.25 |
| 14-02-2022 | Interim | 525 | 5.25 |
Conclusion:
- The above-mentioned ITC Share Predictions are completely based on our expertise. If you are looking for a stock that is owned by a Government as of 19/09/2023, it’s a good stock for long-term investment, currently, the ITC shares are Trading at a close call of all-time High 452Rs.
- If you are a short-term investor expecting more ROI, It’s completely on your will and knowledge.
- In the last 6 months, the ITC share price has gained over 19.51% of its share price, it’s a good sign.
- Be aware of stock operators..!!
Is ITC a good buy for the long term?
YES. By analyzing its past year records, it’s good to buy for the long term by expecting more than 500% ROI in 10 years.
Is ITC a good stock to buy?
YES, a Public Sector Company which is operated by the Government of India and running successfully with profit for several years tends to make a good stock to buy
Can ITC be a multibagger?
offcourse? All shares can be multibagger like TITAN Share. Till now ITC shares have gained up to 2529% from its beginning it may further move up because of their business expansion and it close be a multi-bagger stock in the next several years.
What is the true value of ITC share?
Because of the intrinsic value and the valuation the true value of ITC shares will be 480rs
ITC dividend 2023 record date?
30-05-2023 is the record date for the final dividend, of 675% which is nothing but 6.75Rs per ITC share to their shareholders.
Which power share is best to buy now?
Adani Power. By seeing the record and the market correction power sector Adani Power will be the best share to buy now.
Disclaimer:
We are not SEBI-registered analysts. The above-mentioned share price is the target and analysis is completely based on our expertise. We do not recommend any of you to purchase any shares and we are not manipulating or handling any of the share price. The above-mentioned share price targets are only for educational and research purposes.
Hello I am Stanly Knight an experienced Stock Market analyst since 2000 in Indian stock market and American Stock Market.