ITC Share Price Target 2024, 2025, 2027, 2030, 2040

If you think about which share will be best for investment in recent times then you should know about ITC Share Price Target. Today in our blog we will explain the basic idea about ITC Share Price Target 2024, 2025, 2027, 2030, 2040. We did the research and took advice from experts to make this blog about the company’s growth, performance, etc.

ITC Share Price Target is a trading share in the share market. In this article, we will discuss the company’s financial growth, the business policy of the company, the shareholding pattern of the company, and the forecast share price yearly. We use expert data and analysis to understand the ITC Share Price Target Share Price Target. This article may be helpful to those who want to invest in this share right now. Let’s look at ITC Share Price Target 2024 to 2040.

What is ITC Limited Company?

ITC Limited is an Indian multinational company that diversified its business in FMCG, hotels, packaging, paperboard, agribusiness, etc. The headquarters of the company is situated in Kolkata. The company was established in the year 1910. The company has 13 businesses in 5 segments.

Overview Of ITC Company

In the year 1910, the company was incorporated as a Tobacco Company named Imperial Tobacco Company Of India Limited. The company was primarily based on the Agricultural Company. The company’s first cigarette manufacturing company was established in Bangalore in 1928. In the year 1974, the company changed its name to I.T.C Limited and in the year 2001 the company again changed its name to ITC Limited.

Out of the company’s total revenue, 78% came from the Cigarette segments, and Agri-Business 6%, paperboard and packaging segments came 8.3%, Agricultural segments 6.0% FMCG segments came 4.4%. In the year 2020, the number of employees of the company was 28000. The company has 23 mother brands including all products.

Financial Data Analysis Of ITC Company

Before investing any share anyone wants to see the company’s performance, overall profit, and net sales amount. We need a basic idea about the company’s PE ratio, return on assets, current ratio, and return on equity. In the below portion, we discuss the performance of the company. ITC Share Price Target also depended upon the ratio which is described below.

Also Read- Hindustan Unilever Share Price Target

List Of Consumer Products and Brands of ITC Ltd Company

History Of ITC Share Price Target From The Year 2024 to 2040

ITC Share Price Target is a bullish trend in the share market. ITC Share is under both the Indian Stock Exchange BSE (Bombay Stock Exchange) and NSE (National Stock Exchange). The last 1 month’s share growth was +38.45 (8.97%), the last 1 year’s share growth was -5.30 (-1.15%), the last 5 year’s share growth was +198.65 (74.04%) and the maximum share growth was +450.01 (2,655.90%). Last 6 month’s share declined but in the last 1 year’s share growth increased.

The ITC Share Price Return amount was 8.82% in the last 1 month, the last 1 year’s share price return amount was -1.26%, the last 3 years’ share return amount was 124.41%, and the last 5 year’s share return amount was 70.9%. ITC Share always gives good returns to investors. If anyone wants to invest in the share it will be profitable long-term. Let’s have a look at the ITC Share Price Target from the year 2024 to 2040.

ITC Share Price Target 2024

Among out-of-business segments of the ITC group, one of the most important businesses is the ITC Hotel Segments which is one of the growing hospitality segments in India. The company has more than 115 hotels in 80 different places. Some of the famous hotels under the groups are ITC Sonar, ITC Grand Centers Mumbai, etc which all provide luxury hospitality services. Welcome Heritage Hotels is a joint venture with Jodhana Heritage under ITC Company that represents Havelis & Resorts, Forts in 16 Indian States. Out of the total revenue of the company 4.4% is earned from Hotel Segment.

The total revenue amount was ₹59,956.89 Crore in March 2022 which became ₹69,523.89 Crore in March 2023. The net revenue from operation was ₹56,456.89 Crore in March 2022 which became ₹66,456.89 Crore in March 2023. If we look at the share price forecast of ITC Share Price Target 2024, the 1st Price Target is ₹430 and the 2nd Price Target is ₹550.

ITC Share Price Target 2025

The Branded food business of ITC Company is one of the largest food businesses in India and the company entered the segment in the year 2001. The company’s food business exported its products to Africa, Australia, North America, and many other countries. The Company’s Nutrition Portal named Nutricorner provides valuable information about Vital Nutrition to consumers. ITC Company’s food brands are attached to millions of houses and the company has a strong R&D Team before launching the products in the market they examine the product’s quality under different techniques.

The profit percentage of the company was 11.02% in the last 5 years which became 8.01% in the last 3 years and in the last 1 year, became 25.12%. The net profit amount was ₹15,123.56 Crore in March 2022 which became ₹18,893.56 Crore in March 2023. The operating profit amount was ₹18,992.56 Crore in March 2022 which became ₹24,456.56 Crore in March 2023. If we look at the share price forecast of ITC Share Price Target 2025, the 1st Price Target is ₹580 and the 2nd Price Target is ₹690.

ITC Share Price Target 2027

ITC Company became one of the famous FMCG sectors in India the company entered into the manufacturing of Personal Care products in 2005. The company’s state-of-the-art manufacturing facilities fulfill the lack of important hygienic products. In the education and sanitary business the company entered 2002 through its paper kraft brand and then expanded its business through its classmate brand. ITC Company is India’s first manufacturer of environment-friendly paper & paper board.

The sales growth percentage was 11.01% in the last 5 years which became 14.02% in the last 3 years which became 18.01% in the last 1 year. Net sales amount was ₹57,456.56 Crore in March 2022 which became ₹67,123.56 Crore in March 2023. If we look at the ITC Share Price Target 2027 forecast, the 1st Price Target is ₹910 and the 2nd Price Target is ₹1050.

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ITC Share Price Target 2030

ITC Company’s classmate brand also offers high-quality writing instruments like roller pens, mechanical pencils, geometry boxes, and art stationery products like wax crayons, oil pastels, sketch pens, etc. The packing business of the company is attached to the manufacture of Agarbatti and Dhoop. Mangaldeep Agarbatti is manufactured in different areas of the country which may work as an advantage for employment of rural women.

As the company spreads its business outside of the company FII investors of the company is good which is 40% to 41% which is a very progressive part of the company’s growth. The ROE Percentage of the company was 26.12% in the last 5 years which became 26.12% in the last 3 years and in the last 1 year, it became 30.12%. If we look at the share price forecast of ITC Share Price Target 2030, the 1st Price Target is ₹1525 and the 2nd Price Target is ₹1670.

ITC Share Price Target 2040

ITC Ltd is the market leader of CIgaratte manufacturers in India. The company’s cigarette manufacturer companies are situated in Bengaluru, Kolkata, Pune, Munger, and many other cities. The company’s main cigarette exported country is West Asia. The company gives an important outlook on the Advertisement sector and invests a huge amount for more promotion of the products and the company can reach Urban and semi-urban areas. ITC Company also holds 2nd largest position as an Agri-products exporter of food grains (Rice, Wheat Flour), Organic Fruits, Frozen Fruits, etc.

The total Expenditure amount was ₹38,456.23 Crore in March 2022 which became ₹43,0123.23 Crore in March 2023. The tax amount was ₹4,859.56 Crore in March 2022 which became ₹5,998.56 Crore in March 2023. If we look at the ITC Share Price Target 2040 forecast, the 1st Price Target is ₹3,120 and the 2nd Price Target is ₹3,230.

How To Purchase ITC Share?

The most common trading platform for purchasing the ITC Share is described below.

• Zerodha
• Upstox
• Groww
• Angelone

Peer’s Company of ITC Company

• Grasim
• Tata Tech
• 3M India
• Birla Corp
• Surya Roshni

Investors Types And Ratio Of ITC Company

There are mainly three main Types of Investors in ITC Company. The company’s growth also depended upon the ratio of investors who invested in the share.

Public Holding

Public Investors are individuals who invest in the public market for profit in the future (large and small companies). ITC company’s public holding capacity is 14.30%.

FII

Foreign Institutional Investors are those big companies that invest in different countries company. ITC Company’s FII is 39.90%.

DII

Domestic Institutional Investors (like Insurance, companies mutual funds) who invest in their own country. ITC Company’s DII is 45.80%.

Advantages and Disadvantages Of ITC Share

Every share has some advantages and some disadvantages also. So, the ITC Share Price Target also has some advantages and disadvantages described below.

Advantages

• The ROE Percentage of the company in the last 3 years was 26.12%.
• The company is debt-free and the company has an interest cover ratio which is 338.12.
• The book value amount per share has increased in the last 2 years.
• The annual net profit of the company increasing. in the last 2 years.
• The ROA Percentage improved in the last 2 years.

Disadvantages

• The company has shown poor profit growth in the last 3 years which is 8.01%.
• In the last 3 years, the company has shown poor revenue growth which is 13.25%.

Also Read – Varun Beverages Share Price Target

FAQ

Conclusion

Hopefully, www.sharetargethub.com will help you gain some basic ideas about the ITC Share Price Target. By doing the research and taking advice from expertise we ensure that on a long-term basis, ITC Share Price Target may reach a very high position. ITC Company is related to the FMCG, Hotel, packaging, and Agriculture sectors. So the demand for this sector also increases which helps the share to gain profit in the future.

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