ITC Share Price Target From 2024 to 2030

I know you just want to know what the Latin America share prices are like at ITC, but it felt impressive to present a thorough investigation of the ITC Share Price Target from 2024 to 2030. This data is of utmost importance for making investment decisions from an informed perspective. Our analysis is based on company growth, overall performance, and future prospects that are also objective, ensuring you get necessary data to make a sound investment choice.

What Is ITC Limited?

ITC Limited is a Kolkata, West Bengal-based Indian multinational conglomerate company that was established in 1910. ITC is one of the FMCG brands and operates in hotels, paperboards and packaging, agri-business, and information technology.

Overview of ITC Share Price

ITC Limited is a corporate entity that is strong in several areas and is therefore one of the main Indian companies in the private sector.

• MARKET CAP: ₹6.03LCr


• OPEN: ₹475.80


• HIGH: ₹493.50


• LOW: ₹474.20


• P/E RATIO: 29.50


• DIVIDEND YIELD: 2.85%


• 52 WEEK HIGH: ₹528.50


• 52 WEEK LOW: ₹399.35

ITC Share Price Target (2024-2030)

ITC stocks had been growing steadily over the previous years and they have some forecast for the future performance as well. The following is a summary of the estimated progress:

How to Purchase ITC Share Price

The platform - online website or app - through which you purchase ITC shares has to be determined among some diversified financial platforms including Zerodha, Upstox, Groww, and Angelone.

Peer Companies For ITC Share Price

There are several other companies that ITC competes with in the FMCG and diverse sector: for example:

• Hindustan Unilever Limited


• Nestle India Limited


• Dabur India Limited


• Godrej Consumer Products Limited

Investor Types and Ratios For ITC Share Price

But it is the institutional holding structure that is the main influence on the ITC cycle. So, it really needs to be understood with clarity, and that will also allow us to cover the most probable growth potential involved.

• Foreign Institutions: 40.47%


• Other Domestic Institutions: 32.09%


• Retail And Others: 15.51%


• Mutual Funds: 11.93%

Advantages and Disadvantages For ITC Share Price

Advantages For ITC Share Price

• Stable and profitable growth over the years.


• Distribution of regular returns through a strong dividend yield is another strong asset.


• Diversified business models can possibly lower the risk.

Disadvantages For ITC Share Price

• Marketplace regulations issue lies on account of the tobacco products sales in non-domestic markets at the same time.


• Indian market dependency can also be a risk factor in the revenue of the company.

FAQ For ITC Share Price

Who is the owner of ITC Limited?

ITC Limited has a representative democracy with a diverse ownership mix, as the majority of the shares are held by domestic and foreign institutional investors.

Should I invest in ITC Share Price right now?

According to the fact of a continuous growth rate and good financials that indicate its diversified business model is strong and promising for the future, shares of ITC are suitable for the long term as of now.

What is the future growth of ITC Limited?

ITC has its eye on the prize and that is to stay relevant in the FMCG market and other varied sectors and thus the future growth potential seems to be also set in that direction.

Conclusion

ITC Limited is a leader in FMCG and diverse sectors, enjoys a robust financial situation, and has promising future growth. According to our experts' judgment, ITC shares are set to exhibit a strong performance in the next coming years. Investing in ITC sounds to be a potentially wise move for the longer term investors.

Disclaimer: This article is written for informational purposes only, do not consider it as any investment advice.