ITC share price target 2024, 2025, 2030, 2040

In this article we will talk about ITC share price target for future. If you are an investor and want to know about the ITC share price target for upcoming years then you are in right blog. In this article, we are going to provide you ITC share price target for 2024, 2025, 2030, 2040. I hope this content will be helpful for you. For better understanding read the complete article. So, now lets check the complete information.

ITC is a company that specially work on FMCG sector, this is 2nd biggest FMCG company of India. ITC is India’s largest cigarette manufacturer and seller company. ITC operates these 5 businesses in present time – FMCG Cigarettes, FMCG Others, Hotels, Paperboards, Paper and Packaging, and Agri Business and Information Technology. This is a private limited company.

ITC dominates the organized domestic cigarette market, holding a market share exceeding 80%. The company boasts a diverse portfolio of brands, including Insignia, India Kings, Classic, Gold Flake, American Club, Wills Navy Cut, Players, Scissors, Capstan, Berkeley, Bristol, Flake, Silk Cut, Duke, and Royal. It has owned around 25 other FMCG products, for example, packaged foods (Sunfeast, Aashirvaad, Bingo, Yippee noodles, etc.), personal care products, stationery, apparel, agarbattis, etc.

The company was established on 1910 by the owner William M. Jacks. The main headquarter of the company is in Kolkata. The Chairman & Managing Director of the company is Sanjiv Puri. ITC Leadership is on the hand of Sanjiv Puri.

ITC share price target 2024, 2025, 2030, 2040

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Now let’s talk about the fundamentals and growth of this company that helped us make our decision about marriage. The company is a large-cap company with ₹ 5,30,538 crore . market capital and a 26.0 PE ratio. The company is providing a 2.98 percent dividend, or it has been consistently maintaining a healthy dividend payout of 92.4%. The company is almost debt-free, which is a good point for the company, and one more thing is that the company’s ROE has been around 27.5% in the last 3 years. 

In past one year company is in loss, -2.89% loss in last one year and around 55% of profit in past 5 years. Stocks is good but the company have poor sales growth. Company’s fundamental is good but still it have very less ROE.

ITC share price target 2024

The expected price could be around ₹ 425 at the end of 2024. But the price may fluctuate, it can be fluctuate according to timing and growth of the stock. The information has been provided after analysis of market demand and fundamentals.

ITC share price target 2025

The expected price could be around ₹623 at the end of 2025. But the price may fluctuate, it can be fluctuate according to timing and growth of the stock. The information has been provided after analysis of market demand and fundamentals.

ITC share price target 2030

The expected price could be around ₹1259 at the end of 2030. But the price may fluctuate, it can be fluctuate according to timing and growth of the stock. The information has been provided after analysis of market demand and fundamentals.

ITC share price target 2040

The expected price could be around ₹2268 at the end of 2040. But the price may fluctuate, it can be fluctuate according to timing and growth of the stock. The information has been provided after analysis of market demand and fundamentals.

Conclusion:

I hope, this article would have been helpful for you. I tried to make it easy and good to understand and all the information that mentioned on this article, are posted after analysis and research. It’s not confirm that the price will be the same. It can be different, we just provide you the prediction and target for future. We don’t recommend any kind of stocks to invest. All our content is just for educational purpose. Make sure if you buy stocks or even any stocks that are mentioned on this blog or this blog website, we are not responsible if you loose your money.

We always say one thing that if you want to invest money on any stocks then do more analysis then invest your money. If you want to invest you money on stocks then kindly discuss with your financial advisor and take advise from educated or experienced stock market analyst or investor. They can help you to confirm your invest. If you like our effort and blog post then do share with your friends and family they do investment.

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This article is just for educational purpose, we don’t provide any buy or sell recommendation. These targets are provided after analysis. So, before investing do your own analysis. Thank You!