Hello Friends, welcome to the detailed analysis of the ITC share price target 2025 to 2030. We are going to discuss the technical and fundamental parameters study. Since this company is doing well, many investors are getting interested in this company’s shares. Many such investors cannot make the decision to venture into the ITC stock.
This blog regarding the ITC share price today, 2025, 2026, 2027, 2028, 2029, and 2030 aims to provide clarity to investors regarding ITC share price and the company’s fundamentals.
ITC share price in 2023, 2024, 2025, 2026, 2027, 2028, 2029, and 2030 blog aims to provide clarity to the investors regarding the field of business of ITC and brief about the company so that the investors who are still confused about taking the plunge can make an informed decision on their own.
Table of Contents
ITC – A Brief Introduction
ITC was established in the year 1910 and it’s the largest manufacturer and seller in India. ITC is one of the finest private companies in India. ITC operates in major business segments namely – Cigarettes, FMCG(Fast Moving Consumer Goods), Hotels, IT, Stationary(Brand- Classmate), Packaging, and agribusiness. ITC is serving more than 40 farmers through e-choupal and has contributed a lot to the Indian Agri sector. ITC has more than 25 brands in the FMCG sector and is gradually increasing the assortment range to cater to a wide range of customers. ITC has created a sustained livelihood for more than 60lac poor families in Rural India.
ITC is debt debt-free company and the company’s working capital requirements have been reduced from 29 days to 20 days as of now. Last 3 years ROE of ITC has been 98%.
The fundamentals of the company are as follows
| Market Cap(in cr) | Book Value(in Rs) | P/E | ROCE | ROE | Dividend Yield |
| 554769 | 55.6 | 27.9 | 39% | 29.10% | 2.86% |
Peer Comparison of ITC
| Peer Comparison | Mcap(in Rs) | P/E | Mcap(in Rs) |
| ITC | 445 | 27.9 | 554678 |
| VST Industries | 3503 | 16.7 | 5410 |
| Godfrey Philips | 2150 | 13.9 | 11180 |
| Golden Tobacco | 53.5 | 17.77 | 94 |
| NTC Industries | 88 | 15.3 | 105 |
| Jun-20 | Jun-21 | Jun-22 | Jun-23 | |
| Sales(in cr) | 10478 | 13247 | 18489 | 17164 |
| Net Profit(in cr) | 2563 | 3344 | 4472 | 5190 |
The company is focused on providing new offerings to its esteemed customers.
The company is strengthening its distribution network to make sure its products reach every nook and corner of the country.
Nearly all the brokerage firms have given a positive outlook on ITC share price for the coming years.
ITC share price target Technical Analysis
ITC share price got beaten down badly from the high of Rs337.5 in the year 2017 to Rs134.6 in 2020. ITC’s share price started moving upwards in December’2020 when it gave a breakout above Rs207.5. Since then there has been no looking back for ITC and the stock has touched an all-time high price of Rs499.7 in July’2023.
ITC technical support and resistance
ITC share price 2023 is facing resistance in weekly charts at 450. Once the stock crosses this, it will trigger the move towards 500 in the short term. ITC price on the monthly chart is also bullish with support near 411.5. The stock is poised to move further upwards in the short term as well as the long term.
ITC share price target 2030
ITC share price has the potential to reach the Rs1000 mark in the coming years. Investors who are willing to ride the bus should do SIP in this stock as per their capacity so that they can gain the maximum out of this gem.
| Year | Projected ITC Share Price (in Rs) |
| 2023 | 460 |
| 2024 | 530 |
| 2025 | 590 |
| 2026 | 650 |
| 2027 | 720 |
| 2028 | 800 |
| 2029 | 900 |
| 2030 | 1000 |
How to buy ITC shares?
To buy ITC shares, you must have a Demat account. You can open a demat account on any of the trading platforms. Some of the well-known trading platforms are as mentioned below:
- Motilal Oswal
- HDFC
- ICICI direct
- Kotak
- Grow
- Upstox
- Angelone
What are the major brands of ITC?
ITC has various famous brands such as Classmate, Bingo, Sunfeast, Fiama di wills, Aashirwad, Vivel, Savlon, Engage, Mangaldeep, Wills, Navy Cut, etc.
Please refer to the picture below as well.
FAQs
What is ITC share price target 2023?
As per technicals, ITC can touch Rs 460
What will be ITC share price in 2024?
As per technicals and fundamentals, the ITC price can reach Rs 530
What is the ITC share price target 2025?
ITC may reach Rs 590 in the year 2025
What will be ITC share price in 2026?
ITC price may touch Rs650 as per the charts shared above.
What will be ITC share price in 2027?
As per charts, ITC may touch Rs 720 in 2027.
What will be ITC share price in 2028?
ITC price can reach Rs 800 by the year 2028.
What will be ITC share price in 2029?
Rs 900 is the target price of ITC by 2029.
What is the ITC share price target 2030?
ITC can touch four figures, i.e., Rs 1000 by 2030.
What was the ITC share price in 1995?
ITC share price in 1995 was Rs 8.45.
What does ITC share price NSE mean?
ITC share price NSE means ITC stock price on the National Stock Exchange.
What was ITC share price in 2020?
ITC share price in 2020 was Rs134.6.
Conclusion
The above blog post decodes various technical and fundamental parameters of ITC company for the investor to make an informed decision. It’s in no way to be treated as a recommendation to buy/sell ITC shares. Investment in the share market is subject to market risks and one is advised to consult their financial advisor before taking the plunge.
Hope you might be interested to know the