About Itc
ITC Limited, also known as Indian Tobacco Company, is an Indian conglomerate company headquartered in Kolkata. It operates various businesses, including cigarettes, hotels, paperboards, packaged foods, and more. It is one of India’s leading private sector companies, with a market capitalization of over $50 billion.
ITC focuses on sustainability and social responsibility, with initiatives in renewable energy, water management, and women’s empowerment. It has a strong presence in both domestic and international markets and is committed to delivering high-quality products and services.
History Of Itc
ITC Limited is an Indian conglomerate company that encompasses businesses across various sectors like Fast Moving Consumer Goods (FMCG), hotels, paperboards, specialty papers, packaging, agri-business, and information technology. Founded in 1910, ITC has grown into a global enterprise and is listed among India’s most valuable companies. It has a significant turnover, with revenue reaching approximately INR 51,213 crore (US$6.8 billion) in the financial year 2020-2021.
ITC Share Price Target 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2040, 2050
| Year | First Target | Second Target |
| 2023 | 390 | 410 |
| 2024 | 420 | 435 |
| 2025 | 455 | 480 |
| 2026 | 495 | 530 |
| 2027 | 555 | 590 |
| 2028 | 620 | 655 |
| 2029 | 675 | 720 |
| 2030 | 750 | 810 |
| 2040 | 1525 | 1650 |
| 2050 | 3250 | 3500 |
Note – Please be aware that the provided share price targets for “ITC Share Price” are intended solely for reference. These projections are contingent upon a favorable market outlook. Please note that any ambiguities pertaining to the company or the present condition of the global market are not considered within this assessment.
Final Words
In conclusion, ITC Limited is a highly successful Indian conglomerate that has established itself as one of the leading private sector companies in India. With a diverse portfolio of businesses, ITC has demonstrated its commitment to sustainability, social responsibility, and delivering top-notch products and services. Its strong presence in both domestic and international markets is a testament to its continued success and strong market capitalization.
FAQS
1. Q: What factors can influence the share price of ITC?
A: Several factors can influence ITC’s share price, including company financial performance, industry trends, market sentiment, competitive landscape, government regulations, and investor sentiment.
2. Q: What has been the historical share price performance of ITC?
A: Historical share price performance of ITC can be obtained by referring to stock market data platforms or financial websites which provide historical price charts for the stock.
3. Q: How can I stay updated on the latest share price of ITC?
A: You can stay updated on the latest share price of ITC by monitoring financial news websites, subscribing to stock market newsletters, using stock market mobile applications, or tracking the stock’s performance through your brokerage account.
4. Q: Does ITC pay dividends and how does it affect the share price?
A: Yes, ITC does pay dividends. Dividends are usually declared as a percentage of the share price. A higher dividend payout can potentially attract more investors, positively impacting the share price.
5. Q: What are some potential risks to consider when investing in ITC?
A: Investing in ITC carries certain risks, such as industry-specific risks like government regulations on tobacco, competitive pressures, changes in consumer preferences, and global economic conditions that can affect consumer spending habits.