itc share market price in india

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Aerial view of ITC Mangga Dua, a prominent shopping complex in Jakarta, Indonesia.
Credit: pexels.com, Aerial view of ITC Mangga Dua, a prominent shopping complex in Jakarta, Indonesia.

ITC's share price can be volatile, with a high of ₹287.50 and a low of ₹175.50 in the past year, according to historical data.

The company's market capitalization is over ₹2.5 lakh crore, making it one of the largest listed companies in India.

ITC's shares are actively traded on the Bombay Stock Exchange and the National Stock Exchange, with a high trading volume of over 10 lakh shares per day.

As a result, the share price can fluctuate significantly, making it essential for investors to stay informed about market trends and company performance.

Share Market Price

The share market price of ITC is a crucial aspect to consider for any investor.

The 20 Day Moving Average of ITC is ₹476.03. This indicates the average price of ITC over the past 20 trading days.

You can also look at the 200 Day Moving Average, which is ₹465.24. This gives you a broader view of ITC's performance over the past 200 trading days.

Here's a quick summary of ITC's Moving Averages:

These moving averages can give you an idea of ITC's short-term and long-term trends, helping you make informed investment decisions.

₹482.30 -6.75 (-1.38%)

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Credit: pexels.com, Two men engaged in a collaborative work session, sharing ideas using a laptop.

The share market price of a certain stock has taken a hit, down by 1.38% to ₹482.30. This decline is significant, as it shows a decrease of ₹6.75 from its previous value.

The stock's performance is a good indicator of the overall market trend. The ₹482.30 price point is a crucial benchmark for investors.

A 1.38% drop may not seem like a lot, but it can add up over time. This small decrease can have a substantial impact on long-term investments.

The share market is known for its volatility, and this stock is no exception.

Financials

When analyzing the financials of a company, it's essential to consider various key performance indicators. ITC Financials, for instance, provides a range of financial data.

The company's Quarterly P&L and Annual P&L are crucial for understanding its revenue and expenses over time. A Balance Sheet and Cash Flow statement are also vital for assessing its financial health.

Credit: youtube.com, Stock Multiples: How to Tell When a Stock is Cheap/Expensive

The 20 Day moving average price is ₹476.03, while the 200 Day moving average price is ₹465.24. This suggests that the stock has been trading above its long-term average price.

Here's a comparison of the moving averages:

The Resistance levels (R) are at ₹499.63, ₹494.82, and ₹491.93, while the Support levels (S) are at ₹484.23, ₹479.42, and ₹476.53. These levels can be used to gauge the stock's potential for price movement.

The ISIN code for ITC Financials is INE154A01025, which can be used for identification and trading purposes.

Stock Performance

The stock performance of ITC has been quite interesting lately. The 52-week high price is ₹529, which is a significant milestone for the company.

Over the past few months, ITC's share price has seen some fluctuations. In the last 1 month, the stock has returned 2.11%, while in the last 3 months, it has fallen by 5.99%. This indicates a moderate to high level of volatility in the market.

Credit: youtube.com, ITC Demerger: What Will ITC Share Price Be After Demerger? | ITC FAQs Answered

One of the key indicators of a stock's performance is its price-to-earnings (P/E) ratio. Currently, ITC's P/E ratio is 29.4, which is relatively high compared to its peers. This suggests that investors are willing to pay a premium for the company's shares.

Here's a summary of ITC's stock performance over different time periods:

The Relative Strength Index (RSI) is another important indicator of a stock's performance. Currently, ITC's RSI is 65.43, which is relatively high. This suggests that the stock may be overbought and due for a correction.

It's worth noting that ITC's share price has been influenced by various market and economic factors. The company's revenue and earnings have been impacted by changes in consumer demand and government policies. However, the company's strong brand presence and diversified product portfolio have helped it maintain its market share and profitability.

Stock Analysis

ITC's hotel business is set to be demerged, with January 1, 2025, as the effective date. Shareholders will keep a close watch, especially with January 6 marked as the record date for eligibility.

Credit: youtube.com, ITC Hotel demerger - Worth investing? What is the right price to buy ITC hotel share?

The company's FMCG business has expanded its export footprint to over 70 countries, with the launch of 'Sunfeast Dark Fantasy Choco Fills' in Nepal. This marks a significant milestone for ITC's international presence.

ITC reported a net profit of Rs 5,078.3 crore for the second quarter of the financial year 2024-25, marking a 3.1% year-on-year growth compared to Rs 4,927 crore in the corresponding period last year. The company's revenue saw a robust surge of 16.8%, reaching Rs 19,327.8 crore.

Consumers spent Rs 32,500 crore to buy ITC's fast-moving consumer goods (FMCG), excluding cigarettes, in financial year 2023-24. This represents a growth of 12% against last year (FY23), when consumer spends on FMCG products stood at Rs 29,000 crore.

The demerger of ITC's hotel business has been approved by shareholders with a whopping 99.59% votes in favour. This paves the way for the listing of ITC Hotels on the bourses.

Here are some key financial highlights of ITC's Q2 FY24 results:

ITC's chairman and managing director (CMD), Sanjiv Puri, was the highest-paid CEO among some of the country's top fast-moving consumer goods (FMCG) peers in FY24.

Company Information

Credit: youtube.com, Should You Invest In ITC Shares Ahead Of Hotel Demerger?

ITC is a well-established Indian multinational conglomerate with a diverse portfolio of businesses.

The company was founded in 1910 by Chimanlal Setalvad and his associates.

ITC's headquarters is located in Kolkata, West Bengal, India.

Ltd Snapshot

A company's shareholding pattern can give you a glimpse into who's invested in it.

Promoters, or the company's founders and key executives, typically have a significant stake in the business.

Mutual Funds, which pool money from many investors to invest in stocks, bonds, and other securities, are also significant shareholders.

Insurance Companies, which manage large sums of money on behalf of their policyholders, often invest in a diverse portfolio of stocks, including those of ITC.

Foreign Portfolio Investors, or FPIs, are foreign investors who buy and sell shares in the Indian stock market. They're a key part of the country's financial landscape.

Financial Institutions and Banks, which provide loans and other financial services, also have a stake in ITC.

Individual Investors, who invest their own money in the stock market, can also be found among ITC's shareholders.

Others, which includes a wide range of entities, such as institutions and individuals, also have a share in the company.

Listing Information

Credit: youtube.com, How to Find Company Information

Listing Information is an essential aspect of understanding a company's presence in the market. ITC is listed on the Bombay Stock Exchange (BSE) with a BSE Code of 500875.

The company's face value is 1.0, and the market lot of equity shares is 1. This information is crucial for investors and analysts who want to understand the company's stock performance.

ITC is a part of the BSE Group A, indicating its status as a prominent company in the Indian stock market. The company's BSE Symbol is also 500875, which is a unique identifier for its shares.

Here are some of the notable indices that ITC is a part of:

Corporate Actions

ITC has declared several dividends in the past few years. In 2023, a special dividend of Rs.2.75 per share was declared on May 30.

The company also declared a final dividend of Rs.6.75 per share on the same day. In 2024, an interim dividend of Rs.6.25 per share was declared on February 8, and a final dividend of Rs.7.50 per share was declared on June 4.

Credit: youtube.com, ITC | corporate action | #stockmarket #spinoff #itc

Here are the dividend declarations in a concise table:

ITC has also undergone a demerger of its hotels business, with the demerger effective from January 1, 2024. Shareholders listed by January 6 received one ITC Hotels share for every 10 ITC shares owned.

Corporate Actions

Corporate actions can have a significant impact on a company's stock price and shareholder value. ITC Ltd has had several notable corporate actions in recent years.

One notable example is the demerger of ITC Hotels, which became effective on January 1, 2024. This means that ITC shareholders who were listed by January 6 received one share of ITC Hotels for every 10 ITC shares they owned.

The expected share price range for ITC Hotels is Rs 113 to Rs 170. This demerger has the potential to unlock significant value for ITC shareholders.

ITC Ltd has also declared several dividends in recent years. For example, the company declared a final dividend of Rs. 7.50 per share on May 23, 2024, and an interim dividend of Rs. 6.25 per share on February 8, 2024.

Here's a summary of ITC's recent dividend declarations:

These corporate actions demonstrate ITC Ltd's commitment to rewarding its shareholders and creating value for its stakeholders.

EIH and Leela Mumbai Stake Acquisition

Credit: youtube.com, ITC to check out of Oberoi hotels; RIL to hike stake in EIH?

ITC acquired a 2.44% stake in EIH Limited, representing over 1.5 crore equity shares.

This acquisition is part of ITC's demerger of its hotels business. EIH is part of The Oberoi Group.

ITC also purchased a 0.53% stake in HLV Limited, equivalent to 34.60 lakh equity shares. HLV is associated with The Leela Mumbai.

The total stake acquired by ITC in both companies is significant, with RCL owning 2.44% and 0.53% of EIH and HLV, respectively.

ITC currently owns 13.69% and 7.58% of both EIH and HLV, indicating a substantial consolidation of stakes in the Oberoi and Leela chains.

Frequently Asked Questions

Is it good to buy ITC shares now?

ITC shares are a good long-term investment option due to their diversified FMCG portfolio and steady growth in core businesses. Holding on to ITC shares post demerger may also lead to improved return ratios and cash flows.

What is the target price of ITC in 2025?

ITC's stock price is expected to adjust to Rs. 20-22 in 2025, while ITC Hotels is expected to trade between Rs. 150-170 per share

What is the 5 year return of ITC?

The 5-year return of ITC is 100.34%. Over this period, the investment has more than doubled in value.

What is the future prediction of ITC?

ITC's future price is predicted to range between 420.00 INR and 595.00 INR, with an average target of 541.69 INR. Analysts' estimates suggest a potential price fluctuation in the coming period.

Is ITC overvalued or undervalued?

According to the DCF valuation model, ITC stock is currently overvalued by 46% compared to its estimated value. Further analysis suggests a significant price gap between the estimated value and the current market price.

Tommie Larkin

Senior Assigning Editor

Tommie Larkin is a seasoned Assigning Editor with a passion for curating high-quality content. With a keen eye for detail and a knack for spotting emerging trends, Tommie has built a reputation for commissioning insightful articles that captivate readers. Tommie's expertise spans a range of topics, from the cutting-edge world of cryptocurrency to the latest innovations in technology.

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