Business

ITC share price target in 2023, 2025 and 2030

ITC share price target in 2023, 2025 and 2030

ITC is one of India’s leading corporations, with a presence in different sectors such as Fast Moving Consumer Goods (FMCG), hotels, paperboards and packaged food products. ITC has a strong presence in the Indian stock market and its share price has seen a steady increase over the years. ITC’s share price has more than doubled in the past five years, making it one of the best performing stocks in the Indian stock market. The company’s share price has been largely driven by its performance in the FMCG segment, which is its largest and most profitable segment. ITC’s share price is also influenced by global trends, including the performance of the Indian economy and the stock markets around the world. ITC’s share price is an important indicator of the company’s financial performance and is closely watched by investors.

ITC Share Price Movement in 2023

ITC share price has been on a steady rise in 2023. It reached a maximum price of 416.8234163 in December 2023, which was almost double the minimum price of 213.211875 in May 2023. The price has increased by more than 100% in a span of 7 months. This can be attributed to the growth in its core businesses such as FMCG, hospitality, agri-business, etc. The company has also been making strategic investments, which have helped boost its share price. Additionally, the company is focusing on digital transformation, using technology to improve its operations and drive innovation. Overall, ITC has been able to maintain a strong growth trajectory and its share price is expected to continue to rise in the years to come.

When

Maximum Price

Minimum Price

January 2023

334.45

304.0454545

February 2023

341.139

310.1263636

March 2023

255.85425

232.5947727

April 2023

281.439675

255.85425

May 2023

234.5330625

213.211875

June 2023

281.439675

255.85425

July 2023

337.72761

307.0251

August 2023

371.500371

337.72761

September 2023

390.0753896

354.6139905

October 2023

371.500371

337.72761

November 2023

408.6504081

371.500371

December 2023

416.8234163

378.9303784

Analysis of ITC Share Price in 2024

ITC share price in 2024 has seen a steady trend of highs and lows, making the stock a lucrative option for investors. In the first quarter of 2024, the maximum share price was 486.1112197 INR and the minimum price was 382.757958 INR. The second quarter saw a maximum of 462.6986671 INR and a minimum of 420.6351519 INR. The third quarter showed a higher maximum of 485.8336005 INR and a minimum of 441.6669095 INR, while the fourth quarter registered the highest maximum of 476.5796271 INR and the lowest minimum of 433.2542065 INR. This indicates that the share price was more volatile in the fourth quarter than in the previous three months. Overall, the share price has seen impressive growth, making it a great option for investors looking for long-term gains.

When

Maximum Price

Minimum Price

January 2024

421.0337538

382.757958

February 2024

434.0554163

394.595833

March 2024

440.6653972

400.6049066

April 2024

400.6049066

364.1862787

May 2024

333.8374222

303.4885656

June 2024

400.6049066

364.1862787

July 2024

420.6351519

382.3955927

August 2024

462.6986671

420.6351519

September 2024

485.8336005

441.6669095

October 2024

462.6986671

420.6351519

November 2024

476.5796271

433.2542065

December 2024

486.1112197

441.9192906

Analysis of ITC Share Price in 2025

The ITC share price has seen a significant rise in the year 2025. It started the year at around 425.77 INR and rose steadily throughout the year, reaching a maximum of 478.35 INR in December. This marks an increase of 41.81% compared to the beginning of the year. The price movements were largely in line with the overall market trend, which saw a bullish momentum throughout the year. During the year, the ITC share price was supported by the company’s strong financial performance and favorable industry developments. The company reported a steady growth in revenue and profits, while taking advantage of government policies and initiatives that are beneficial to the FMCG sector. ITC also strengthened its presence in the e-commerce space, which helped it to further expand its market share. This, coupled with favorable market sentiment, pushed the ITC share price higher during the year. All in all, the ITC share price has seen an impressive growth in the year 2025, which is expected to continue in the coming years.

When

Maximum Price

Minimum Price

January 2025

461.8056587

419.8233261

February 2025

438.7153757

398.8321598

March 2025

460.6511445

418.7737678

April 2025

411.2956648

373.9051498

May 2025

447.0605052

406.4186411

June 2025

491.7665557

447.0605052

July 2025

468.3491007

425.7719097

August 2025

425.7719097

387.0653724

September 2025

447.0605052

406.4186411

October 2025

425.7719097

387.0653724

November 2025

447.0605052

406.4186411

December 2025

478.3547405

434.8679459

This upward movement was primarily driven by increased demand from domestic investors as well as foreign investors, who were attracted by the low share price and the potential for growth. The company also announced a dividend of 2.50 INR per share in September, which further boosted investor confidence. The company’s performance was also boosted by the positive news that it was planning to expand into the e-commerce sector, which was seen as a potential growth area. Overall, ITC’s share price movement in 2025 has been positive, with a significant increase in share price and investor confidence.

Analysis of ITC Share Price in 2026-2029

In the period between 2026 and 2029, the ITC share price saw a significant increase, with a peak at 819.5938783 in 2028. This is mainly due to an increase in demand for ITC’s products and services, as well as an increase in investor confidence in the company. In addition, ITC has seen strong performance in its core businesses such as tobacco, paper, and other consumer goods. The company has seen a shift towards digitalisation and e-commerce initiatives which have been successful in increasing its customer base and reach. This has been reflected in the appreciation of the share price of ITC. In 2029, the share price reached its peak at 967.1207763. This was a result of the company’s consistent performance in its core businesses and expansion strategies it has taken over the years. Overall, between 2026 and 2029, the share price of ITC has seen a dramatic increase, indicating the company’s growth and success.

Year WISE (in INR)

Maximum Price

Minimum Price

2023

416.8234163

213.211875

2024

486.1112197

382.757958

2025

478.3547405

373.9051498

2026

564.4585938

508.0127345

2027

682.9948985

614.6954087

2028

819.5938783

737.6344904

2029

967.1207763

870.4086987

2030

1044.490438

940.0413946

ITC Share Price Movement in 2030

The share price of ITC has shown a steady increase in the year 2030. The company has seen a 1044.490438 INR maximum price in the year 2030 and a 940.0413946 INR minimum price. This indicates a positive year for the company and its investors. The company has seen various positive developments in the year which has contributed to the increase in its share price. This includes the company’s entry into the FMCG market, which is expected to benefit the company in the long run. The company has also taken various steps to increase its presence in the digital space, which has helped to increase its customer base. This has also helped to boost its revenues and profits. Apart from this, the company has also taken various steps to increase its efficiency and reduce costs, which have also helped to increase its share price. All these developments have helped to make the ITC share price movement in 2030 a positive one.

The ITC is a leading multinational conglomerate, with a presence in a variety of industries, including fast moving consumer goods, hotels, and information technology. The company has grown steadily over the years, and is now one of the largest and most profitable companies in the country. Its strong fundamentals and impressive performance have enabled it to achieve a market capitalization of over Rs 1 lakh crore. The ITC has consistently outperformed its peers in terms of returns on investment, and its stock has been a consistent performer on the exchanges. The company is well-placed to benefit from the growing demand in India, and its focus on innovation and sustainability should continue to deliver good returns over the long term. With a strong and diverse portfolio, the ITC is well-positioned to take advantage of the numerous growth opportunities that are available in India.

FAQs

1. How can I buy shares of ITC?

You can buy ITC shares either through the stock exchange or through a registered broker.

2. What is ITC’s dividend policy?

ITC has a consistent dividend policy of distributing 40-50% of its profits as dividends to its shareholders.

3. What type of products does ITC offer?

ITC offers a wide range of products including FMCG, hotels, paperboards, packaging, agri-business, and other services.

4. What is ITC’s stock performance?

ITC has experienced positive returns with a 5 year CAGR of 9.5%.

5. Where can I find more information about ITC?

You can find more information about ITC on its official website at www.itc.in or on other financial websites such as Bloomberg or Yahoo Finance.

Click here to know about the share price target of TITAN in the upcoming years.

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