ITC Share Price: Latest Stock Updates and Analysis

ITC Share Price

As an avid investor, I know how crucial it is to stay updated on the stock market. I'm excited to share the latest on ITC's share price and what it means for investors. ITC, India's top FMCG company, is always interesting to watch. Its market performance shows the fast-changing Indian business scene.

In this article, we'll look at ITC's current share price and what affects it. We'll also examine the company's financial health and growth chances. Whether you're experienced or new, our insights will guide you in making smart investment choices.

Introduction to ITC: India's Leading FMCG Giant

ITC Limited is a big name in India's FMCG world. It's based in Kolkata, West Bengal. ITC works in many areas like Cigarettes, FMCG - Others, Hotels, Paperboards, Paper and Packaging, and Agri-Business.

Company Overview and Key Business Segments

ITC is a top brand in India. It leads the market in cigarettes, with about 78% share. It also has a big presence in other FMCG areas like staples, biscuits, and snacks.

ITC's wide range of businesses helps it use its resources well. Its Paperboards, Paper and Packaging division helps its FMCG businesses. The Agri-Business segment supports its supply chain. ITC's Hotels and Infotech divisions also add to its revenue.

Business SegmentPercentage of Revenue (as of 2024)

Cigarettes	37%
FMCG	23%
Hotels	3%
Paperboards & Packaging	11%
Agri	23%

ITC has over 200 factories in India. It reaches more than 6 million stores. Its diverse business and strong brands make it a leading company in India.

ITC Share Price Movement and Market Performance

ITC Share Price Movement and Market Performance

Over the past year, ITC's stock has seen a 18.49% return. Its current price is ₹509.00, down 0.74% from yesterday. The trading volume is 2,717,226 shares, lower than the 7-day average.

The stock has recently fallen below its 20-day Simple Moving Average of ₹512.93. This suggests a bearish trend might be starting.

On the previous trading day, ITC closed at ₹516.20. The trading volume was 15,870,147 shares. This data helps us understand the stock's performance and market sentiment.

Let's look at the key metrics and factors affecting ITC's share price and market performance.

MetricValue

Market Capitalization	₹6.42 Trillion
Dividend Yield (Indicated)	2.68%
Price to Earnings Ratio (TTM)	31.35
Basic EPS (TTM)	₹16.40
Net Income (FY)	₹204.59 Billion
Revenue (FY)	₹706.32 Billion
Shares Float	8.14 Billion
Beta (1Y)	0.51
Employees (FY)	55,250
Revenue per Employee (1Y)	₹153.28 Thousand
Net Income per Employee (1Y)	₹44.40 Thousand

ITC's financial performance is strong. It has a big market capitalization, a good dividend yield, and high net income and revenue. The stock's low beta of 0.51 means it's less volatile than the market. This could appeal to investors who prefer less risk.

Looking at ITC's itc stock price history, itc share market performance, itc stock price chart, and itc share price trends, we see a mostly positive trend. There are some ups and downs, showing the company's ability to handle market changes well.

Factors Influencing ITC Share Price

ITC, India's top FMCG company, sees its share price move due to many factors. These include both the company's financial health and how the stock is doing technically. Let's look at what affects ITC's stock price.

Fundamental Analysis: Financial Health and Profitability

ITC has a strong financial position with a low debt-to-equity ratio of 0.41%. Its profit margin is 28.33%, showing it makes good money. Also, its P/E ratio of 31.36 might mean the stock is a bit pricey compared to others.

These signs show ITC is financially solid and profitable. This can make investors feel good and could push the share price up.

Technical Analysis: Chart Patterns and Trading Indicators

Looking at the technical side, ITC's stock has fallen below its 20-day Moving Average. This might mean it's not doing well short-term. Also, its trading volume is lower than usual, which could be a sign of a downturn.

Investors watch these signs closely. They help figure out the stock's current trend and where it might go next.

The BSE FMCG index has gone up 7.6% this year, showing FMCG stocks are doing well. But ITC's share price has only gone up 0.6% in 2024. This means it's not doing as well as others.

But, the stock has jumped 9.6% in the last month. This shows investors are starting to see ITC's true value. This could lead to even higher prices.

By looking at ITC's finances, profits, and technical signs, investors can make smart choices. This helps them take advantage of ITC's growth chances.

ITC Share Price Forecast and Analysts' Recommendations

ITC Share Price Forecast and Analysts' Recommendations

ITC Ltd. is a top FMCG company in India, catching the eye of investors and analysts. The latest predictions set the 1-year target price at Rs 510.44. This shows the high hopes for the company's growth.

Experts are cautiously optimistic about ITC's future. They praise its diverse business and strong leadership in areas like cigarettes and hotels. Yet, they also warn about the effects of new rules and competition in the FMCG and tobacco sectors.

MetricITCGrasimSRFLinde India

Stock Price	₹503.55	₹2,745.10	₹2,350.35	₹7,996.30
Market Capitalization	₹629,820.13 Cr	₹183,766.28 Cr	₹69,670.21 Cr	₹68,195.82 Cr
TTM PE Ratio	30.80	34.96	55.35	152.25
P/B Ratio	8.45	2.07	6.63	19.67
Return on Equity	27.45%	6.34%	13.06%	12.51%
1-Year Performance	15.47%	44.80%	4.59%	33.91%

Most analysts have a positive view of ITC, with many saying "Hold" to "Buy." The average price target is ₹510.44, which means a possible 1.25% gain from the current price of ₹503.55.

The itc share price forecast and itc analyst recommendations look good. But, investors should think about the itc stock outlook and risks before deciding to invest.

Comparing ITC to Industry Peers and Competitors

ITC vs Grasim, RIL, SRF, and Linde India

ITC stands out among its peers with a market value of ₹629,695.06 crore. This is more than Grasim's ₹183,759.59 crore, RIL's ₹78,137.89 crore, SRF's ₹69,670.21 crore, and Linde India's ₹68,195.82 crore.

ITC's P/E ratio is 31.38%, which is lower than Grasim's 34.96% and SRF's 55.35%. But it's higher than RIL's 6.34%. ITC's return on equity (ROE) is 27.45%, showing its strong financial health and profitability.

CompanyMarket Cap (₹ Crore)Trailing P/EROE

ITC Ltd.	629,695.06	31.38%	27.45%
Grasim	183,759.59	34.96%	N/A
Reliance Industries Ltd. (RIL)	78,137.89	6.34%	N/A
SRF	69,670.21	55.35%	N/A
Linde India	68,195.82	152.25%	N/A

Comparing ITC with its peers shows its strong financial performance. It keeps its leading market position.

Investment Strategies for ITC Shares

Investing in ITC shares offers various strategies to boost returns. ITC, India's top FMCG company, attracts both long-term investors and short-term traders.

Long-term Investment Approach

For those looking at a long-term investment in ITC shares, the company's strong market position and diverse business are key. It has a dividend yield of 2.98%, providing steady income. The stock also has potential for capital appreciation, making it a good long-term choice.

Short-term Trading Opportunities

Short-term traders can benefit from ITC's price swings. By studying charts, traders can spot breakouts, trend reversals, and key support/resistance levels. This helps them time their trades well. The stock's low volatility, with a one-year beta of 0.6, is great for short-term strategies.

Whether you're investing long-term or short-term, careful analysis is key. Investors should keep up with the company's finances, industry trends, and market feelings. This helps make smart investment choices.

Risks and Challenges Surrounding ITC's Business

Risks and Challenges Surrounding ITC's Business

ITC is a leading company in India, facing unique risks and challenges. Its diverse business helps, but there are key areas to watch. Investors and stakeholders need to pay close attention.

The tobacco industry's rules in India are a big worry. The government has made laws and taxes stricter. This could hurt ITC's main business. Also, more people want healthier options, which might cut into ITC's sales.

ITC also has to deal with tough competition in the FMCG market. It faces rivals from home and abroad. To stay ahead, ITC must keep innovating and focus on quality and cost.

ITC's work can be affected by supply chain issues and price changes. Problems with tobacco leaf supply can hurt profits. The company also needs to keep up with changing rules, especially on the environment.

Even with these hurdles, ITC's wide range of businesses and strong brands have helped it. But, the management must stay alert and quick to tackle these challenges. This will help ITC keep growing and succeeding.

Conclusion

Reflecting on ITC Limited's share price and performance, several key points stand out. ITC, a diversified Indian conglomerate, has shown strong market leadership and financial health. It has a 1-year return of 15.47% and a solid balance sheet.

The itc stock analysis summary shows ITC's wide range of businesses. These include FMCG, Hotels, Paperboards, and Agri-Business. This variety helps ITC face challenges and stay strong in the market.

Investing in ITC has its benefits, like a low debt-to-equity ratio and healthy profits. Yet, investors should also look at the industry's risks. Knowing these, I think investors can make smart choices and see ITC's growth in the future.

In the end, my final thoughts on itc share price are positive. ITC is a good choice for investors, with its leadership, diverse business, and strong finances. Watching ITC, I'm hopeful it will keep doing well and give good returns to its shareholders.

FAQ

What is ITC's market capitalization and turnover?

ITC is a leading company in India. It has a market value of US $ 45 billion. Its annual sales are US $ 7 billion.

What are ITC's key business segments?

ITC operates in several areas. These include Cigarettes, FMCG products like snacks and beverages, Hotels, and more. It also has businesses in Paperboards, Packaging, and Agri-Business.

How has ITC's stock performed over the last year?

In the last year, ITC's stock has seen a 18.49% return.

What is the current price and trading volume of ITC's shares?

ITC's shares are now at Rs 509.00. This is a 0.74% drop from the day before. The trading volume is 2,717,226 shares.

What factors influence ITC's share price?

Several things affect ITC's share price. These include its financial health, profitability, and technical indicators like chart patterns.

What is the target price for ITC's stock as per analyst estimates?

Analysts predict ITC's stock will reach Rs 510.44 in a year.

How does ITC compare to its industry peers in terms of market capitalization and valuation?

ITC stands out with a much higher market capitalization than Grasim, RIL, SRF, and Linde India. Its valuation metrics, like P/E ratio and ROE, are also better.

What investment strategies can investors consider for ITC shares?

Investors can take a long-term view with ITC shares. Or, they can look for short-term gains based on the stock's volatility and patterns.

What are the key risks and challenges facing ITC's business?

ITC faces several challenges. These include regulatory changes in tobacco, competition in FMCG, and supply chain issues. It also relies heavily on its traditional businesses.