In this blog, you are going to read about the ITC Share Price Target For The Years 2024, 2025, 2026, 2028, And 2030.
ITC Limited is the largest cigarette manufacturer and seller in the country. It is a conglomerate firm that launched its operations in 1990 and has been in operation ever since.
Agribusiness, hotels, paper and packaging, and fast-moving consumer goods are some of the other areas in which the corporation is active.
More than six million retail locations around the country carry the company’s products, and the company also sells its goods to more than ninety countries across the world.
Within the country, the company generates more than 78% of its revenue, with the remaining revenue coming from exports.
More than eighty percent of the market share in the organized cigarette market of the country is held by them, and forty percent of the overall revenue is generated only from the sale of cigarettes.
For example, ITC generates 27% of its revenue from the sale of other fast-moving consumer goods (FMCG), 2% of its revenue comes from the Hotels Business, 21% comes from the Agri-Business, and 11% comes from Paperboards, Paper, and Packaging.
You will be able to check the stock prediction of ITC Limited from the present moment to the coming 10 to 15 years below in this post.
This will provide you with some insight into the level that the share price of ITC Limited has the potential to reach in the years to come.
To determine these price targets or projections, a bespoke algorithm has been utilized.
This algorithm is founded on deep learning and is constantly evolving in response to price variations, volume shifts, and market cycles.
ITC Share Price Target In The Years 2024, 2025, 2028, and 2030
The leading market analysts have expressed optimism over the future of ITC stock and have established a price target range of Rs 580.90 to Rs 750.50 for the year 2025.
On the other hand, the Bankshala team has determined a target price for the years listed above, and it is based on extensive research and technical analysis, which is detailed below.
The target share price is derived from our research and technical analysis, and it may differ from the real price. Readers are recommended to consider this.
Before making any investments, it is strongly recommended that you discuss the matter with your financial counselor.
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ITC Share Price Target In Year 2024
Our research and forecasting technique indicates that the minimum target price for shares of ITC Limited is between Rs 450.60 and Rs 475.30 from the current price.
At the same time, the highest price that will be targeted for ITC shares in the year 2024 is between Rs 475.40 and Rs 505.30.
ITC Share Price Target In The Year 2025
ITC shares are expected to reach a minimum target price of Rs 552.20 to Rs 595.15 by the middle of 2025, and there is a positive momentum in the market.
According to the findings of our investigation, the highest possible target price for ITC shares appears to be between Rs 632.50 and Rs 715.50 by the time the year 2025 comes to a close.
ITC Share Price Target In Year 2026
Our research and forecasting technique indicates that the minimum share price goal ranges from Rs 655.50 to Rs 710.80 during the next few years.
While this is going on, the highest possible target price for ITC shares is expected to be between Rs 755.20 and Rs 805.70 by the year 2026.
ITC Share Price Target In the Year 2028
With our study and technical analysis, we have determined that the minimum target price for the year 2028 is between Rs 855.60 and Rs 920.50.
On the other hand, the highest possible target price for ITC shares is expected to be between Rs 985.70 and Rs 1055.50 in the year 2028.
ITC Share Price Target In the Year 2030
Our forecasting algorithm indicates that the lowest target price for ITC shares in the year 2030 is projected to be between Rs 1255.50 and Rs 1310.30, while the highest target price is projected to be between Rs 1455.50 and Rs 1585.30.
Thanks For reading our blog about ITC Share Price Target For The Years 2024, 2025, 2026, 2028 And 2030.