ITC is making new highs everyday and investors are worried . Should be stay and enjoy rally or is it the time to book profits. Are you also confused, if it is time to take fresh entry or sell our stakes? Lets calculate the share price targets of ITC and find out all our answers.
Do you want to learn how to calculate these targets and have a sneak peak of future ? Do you want to calculate the share price targets so that some of your risk is reduced and you have a clear idea when to enter and when to exit ? Then this the article for you.
About ITC
ITC Ltd, an Indian conglomerate with a rich heritage, has emerged as a dynamic force in various business sectors. With its diverse portfolio and commitment to sustainable growth, ITC stands as a beacon of innovation and excellence in the corporate world.
ITC’s business prowess extends across a spectrum of sectors, encompassing FMCG (Fast-Moving Consumer Goods), agribusiness, paperboards, packaging, hospitality, and information technology. This diversified approach not only mitigates risks but also allows ITC to leverage synergies and capture opportunities within each industry.
In the FMCG segment, ITC has cemented its presence through popular brands like Aashirvaad, Bingo!, Sunfeast, and Classmate.
ITC’s Paperboards and Specialty Papers Division is a global leader in the packaging and printing industry.
ITC Hotels epitomize luxury and responsible tourism.
Calculating Share Price Targets of ITC
Assumptions
Assumed Sales Growth – 12%
Average PAT Margin – 27%
PE in Base Case – 30
PE in Bear Case – 20
PE in Bull Case – 35
ITC Share Price Target 2023
| Year | Share price (Bear Case) | Share price (Base Case) | Share Price (Bull Case) |
| 2023 | 307 | 461 | 538 |
ITC has a lot of brand value. These brands have garnered consumer loyalty through consistent quality, innovative offerings, and a focus on meeting evolving market preferences.
ITC has received in-principle approval from its board of directors to demerge its hotel business into a separate entity called ITC Hotels Ltd. The new entity will be incorporated as a wholly-owned subsidiary of ITC Ltd., and ITC will hold a 40% stake in it. The demerger is expected to be completed by the end of 2023.
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ITC Share Price Target 2024
| Year | Share price (Bear Case) | Share price (Base Case) | Share Price (Bull Case) |
| 2024 | 344 | 516 | 602 |
ITC Share Price Target 2025
| Year | Share price (Bear Case) | Share price (Base Case) | Share Price (Bull Case) |
| 2025 | 386 | 578 | 675 |
ITC has a lot of brand value. These brands have garnered consumer loyalty through consistent quality, innovative offerings, and a focus on meeting evolving market preferences.
ITC has announced plans to invest Rs 3,000 crore annually for the next few years in its FMCG business. The investments will be used to expand manufacturing capacities, develop new products, and strengthen distribution networks. ITC is also planning to enter new product categories, such as packaged foods, dairy products, and personal care.
ITC Share Price Target 2027
| Year | Share price (Bear Case) | Share price (Base Case) | Share Price (Bull Case) |
| 2027 | 484 | 725 | 846 |
ITC Share Price Target 2030
| Year | Share price (Bear Case) | Share price (Base Case) | Share Price (Bull Case) |
| 2030 | 679 | 1019 | 1189 |
The company’s “Triple Bottom Line” approach focuses on creating value not only for shareholders but also for society and the environment. ITC’s initiatives in water conservation, renewable energy, and afforestation underscore its dedication to leaving a positive impact on the planet.
Conclusion
ITC Ltd’s journey through diverse business ventures exemplifies its adaptability, innovation, and commitment to creating a holistic impact. As the company continues to evolve and expand its horizons, its legacy of excellence and sustainability shines brightly, inspiring others in the corporate realm to follow suit. With a finger on the pulse of changing consumer dynamics and a steadfast dedication to ethical practices, ITC’s future looks poised for continued growth and positive transformation.
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Disclaimer- All investments and trading in the stock market involve risk. Any decision to place a trade in the financial markets, including trading in stock should only be made after thorough research. Trading strategies or related information mentioned in the article is for informational purposes only. Use your due diligence before investing. These are just predictions. They may or may not be true. We are not SEBI-registered analysts.