ITC Share Price Target 2024, 2025, 2026, 2027 To 2030

If you’re considering investing in ITC, this article is for you. You’ll find detailed projections for ITC Share Price Target 2024, 2025, 2026, 2027 To 2030. We’ll provide insights and analysis to help you make informed investment decisions for each of these years.

Whether you’re a seasoned investor or just starting, this article is here to support you. We offer clear and valuable insights for everyone, regardless of experience. With detailed analysis and expert forecasts, we aim to provide the knowledge necessary to make smart investment decisions and confidently navigate the ITC Share Price Target 2024, 2025, 2026, 2027 To 2030.

Stay tuned for a comprehensive look at investing in ITC shares, whether your focus is on the short, medium, or long term. We’ll provide detailed analysis, target price forecasts, and essential factors to consider, helping you make informed decisions and maximize your investment potential in ITC stock.

About ITC Company

ITC was formed on August 24, 1910, under the name Imperial Tobacco Company of India Limited, The name of the company changed to India Tobacco Company Limited in 1970 and afterward, it changed to I.T.C Limited in 1974. and then on September 18, 2001, the full stop in ITC was removed and it became ITC Limited.

ITC is a leading player in India’s Fast Moving Consumer Goods (FMCG) market, strategically focused on long-term growth. The company excels in a wide range of categories, including Foods, Personal Care, Education and Stationery, Lifestyle Retailing, Agarbattis, Safety Matches, and Cigarettes.

ITC Limited, listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) under the ticker symbol ITC, is one of India’s largest companies.

This blog will comprehensively analyze the ITC Share Price Target 2024, 2025, 2026, 2027 To 2030. We will examine the company’s historical performance, current market position, and future growth prospects to offer insights into the future of ITC stock. Whether you are an experienced investor or new to the stock market, this analysis will help you understand the complexities of investing in ITC.

Recent Price Summary of ITC

Today’s Low Today’s High52 Week Low 52 Week High
₹ 492.80₹ 504.35₹ 399.30₹ 510.60

Fundamental analysis of ITC stock

The fundamental analysis of ITC Limited is to examine its financial health and evaluate its growth potential with the help of various aspects like P/E and P/B Ratio etc.

Before Investing in any stock, you have to search for the fundamental analysis of the stock and check the following points that exist in the table below:

The table that is shown below is based on July 2024 data:

MetricValue
Market Cap₹ 6,19,896.24 Cr.
Enterprise Value₹ 6,13,681.83 Cr.
Number of Shares1,250.42 Cr.
P/E Ratio30.33
P/B Ratio18.09
Face Value₹ 1
Dividend Yield2.78 %
Book Value (TTM)₹  61.30
Promoter Holding0%
EPS (TTM)₹  16.34
ROE29.47 %
ROCE37.75%

ITC Ltd share price target 2024, 2025 To 2030 forecast

Over the coming years, ITC’s share price will mirror the company’s strategic growth plans, market conditions, and industry trends. Analysts anticipate a steady upward trajectory and the imminent announcement of significant target prices.

The ITC share price increases depending on the current market trend, as shown in the table below. According to analysts, the ITC share price target for 2024, 2025, 2026, 2027, to 2030 is:

Year Initial Target (Rs)Year-End Target (Rs)
2024500538
2025540584
2026585628
2027631672
2028673712
2029713760
2030761810

ITC Share Price Target 2024

The initial target for ITC’s share price is ₹500, and the year-end target for 2024 is ₹538 if the industry has a positive trend over the year.

  • The mid-year projected price for ITC’s share for 2024 is ₹504 in a favorable market.
  • The price of ITC’s share may reach ₹538 at the end of 2024 with optimistic market conditions.

ITC Share Price Target 2025

The initial target for ITC’s share price is ₹540, and the year-end target for 2025 is ₹584, if the industry has a positive trend over the year.

  • The initial target price for ITC’s share for 2025 is ₹540, This price is supported only if the market behavior is bullish and if any collapse does not happen.
  • The mid-year projected price for ITC’s share for 2025 is ₹560 in a favorable market.
  • With optimistic market conditions, the price of ITC’s share may reach ₹584 at the end of 2025.

ITC Share Price Target 2026

The initial target for ITC’s share price is ₹585, and the year-end target for 2026 is ₹628, if the industry has a positive trend over the year.

  • The initial target price for ITC’s share for 2026 is ₹585, this price is supported only if the market behavior is bullish and if any collapse does not happen.
  • The mid-year projected price for ITC’s share for 2026 is ₹607 in a favorable market.
  • The price of ITC’s share may reach ₹628 at the end of 2026 with optimistic market conditions.

ITC Share Price Target 2027

The initial target for ITC’s share price is ₹631, and the year-end target for 2027 is ₹672 if the industry trend remains positive and continues to strengthen throughout the year.

  • The initial target price for ITC’s share for 2027 is ₹631, this price is supported only if the market behavior is bullish and if any collapse does not happen in the market.
  • The mid-year projected price for ITC’s share for 2027 is ₹654 in a favorable market.
  • The price of ITC’s share may reach ₹672 at the end of 2027 with optimistic market conditions.

ITC Share Price Target 2028

The initial target for ITC’s share price is ₹673, and the year-end target for 2028 is ₹712 if the industry trend remains positive and continues to strengthen throughout the year.

  • The initial target price for ITC’s share for 2028 is ₹673, this price is supported only if the market behavior is bullish and if any collapse does not happen in the market.
  • The mid-year projected price for ITC’s share for 2028 is ₹695 in a favorable market.
  • The price of ITC’s share may reach ₹712 at the end of 2028 with optimistic market conditions.

ITC Share Price Target 2029

The initial target for ITC’s share price is ₹713, and the year-end target for 2029 is ₹760 if the industry trend remains positive and continues to strengthen throughout the year.

  • The initial target price for ITC’s share for 2029 is ₹713, This price is supported only if the market behavior is bullish and if any collapse does not happen.
  • The mid-year projected price for ITC’s share for 2029 is ₹739 in a favorable market.
  • The price of ITC’s share may reach ₹760 at the end of 2029 with optimistic market conditions.

ITC Share Price Target 2030

The initial target for ITC’s share price is ₹761, and the year-end target for 2030 is ₹810 if the industry trend remains positive.

  • The initial target price for ITC’s share for 2030 is ₹761, This price is supported only if the market behavior is bullish and if any collapse does not happen.
  • The mid-year projected price for ITC’s share for 2030 is ₹787 in a favorable market.
  • The price of ITC’s share may reach ₹810 at the end of 2030 with optimistic market conditions.

Peer’s company of ITC Limited

Here are some companies that compete with ITC Limited. Below, we provide some parameters to help you decide whether to invest in ITC Limited or not.

Image Credit: ticker.finology.in

ITC Shareholding Pattern

Understanding who owns ITC shares gives valuable insights for potential Shareholders evaluating ITC as an investment, as shown in the below table.

Promoters0%
DII44.06%
FII40.47%
Public15.47%
Others0%

Conclusion

Our analysis of ITC Share Price Target 2024, 2025, 2026, 2027 To 2030 highlights the potential for significant gains, driven by strategic initiatives, market conditions, and industry trends. ITC’s ongoing expansion projects and innovative approaches position it well for future growth, making it an attractive option for both seasoned investors and newcomers to the stock market.

If you have any questions or need more information, don’t hesitate to reach out or leave a comment below. We’re happy to answer all your queries and provide additional insights. Your feedback and engagement are important to us, and we’re here to help you make informed investment decisions.

FAQs About ITC

What is ITC’s share price target for 2030?

The initial target for ITC’s share price is ₹761, and the year-end target for 2030 is ₹810.

What is ITC share price target for 2025?

The initial target for ITC share price is ₹500, and the year-end target for 2025 is ₹538.

What is the ITC share price target for 2035?

The initial target for ITC’S share price is ₹1120, and the year-end target for 2035 is ₹1190.

What is the ITC share price target for 2040?

The initial target for ITC’s share price is ₹2485, and the year-end target for 2040 is ₹2640.

What is the ITC share price target for 2050?

The initial target for ITC’s share price is ₹7800, and the year-end target for 2050 is ₹8400.

What is the market cap of ITC?

The market cap of ITC is ₹ 6,19,896.24 Cr.

What is the promoter holding in ITC?

0% is the promoter holding in ITC.

What is the ITC share price target for 2026?

The initial target for ITC’s share price is ₹585, and the year-end target for 2026 is ₹628

What is the ITC share price target for 2027?

The initial target for ITC’s share price is ₹631, and the year-end target for 2027 is ₹672

What is the ITC share price target for 2028?

The initial target for ITC share price is ₹673, and the year-end target for 2028 is ₹712

What is the ITC share price target for 2029?

The initial target for ITC’s share price is ₹713, and the year-end target for 2029 is ₹760

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