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ITC Share Price Target: Friends, today we will talk about ITC Share Price Target till 2024, 2025, 2027, 2030, 2035. Today we will try to know in which direction the performance of this major company in the country related to different business segments has the potential to go in the coming years. The way growth is being seen in the business performance of the company, due to this investors are seen fully expecting excellent growth in the coming times.
Today, along with analyzing the complete details of ITC’s business, we will also look at the business opportunities of the company, which will give us some idea of how much ITC’s Share Price Target has the potential to show in the coming years. Let us analyze in detail:-
ITC Company Profile
ITC’s FMCG business is its largest business in India. The brands of this company include Ashirwad, Sunfeast, Bingo, Classmate, Wills, Gold Flake, and Yippee. Apart from this, ITC’s hotel business is also the largest in India. The company owns and operates more than 100 hotels in India and across the world.
ITC’s paperboard and packaging business is the largest in India. The company’s products include paperboard, specialty papers, packaging materials, and corrugated boxes. The most popular brand in ITC’s paper business is Classmate. ITC’s agriculture business contributes significantly to the company’s revenue. The company’s agri-business operations include the cultivation, processing, and marketing of agricultural products.
ITC is a socially responsible company. The company has many initiatives to promote sustainability and social development. These initiatives include the e-Choupal program, which connects farmers to markets, and the ITC Rural Development Foundation, which works to improve the lives of rural people.
ITC is a leading company in India. The company is well-diversified and has a strong track record of growth. ITC is also a socially responsible company committed to sustainability and social development.
ITC Limited Company Profile – Overview
| Company | ITC Limited |
|---|---|
| Former Names | Formerly Imperial Tobacco Company of India Limited (1910–1970) |
| Former Names | India Tobacco Company Limited (1970–1974) |
| Former Names | I.T.C. Limited (1974–2001) |
| Current Name | ITC Limited (2001–present) |
| Company Type | Public |
| Traded As | BSE: 500875 |
| Traded As | NSE: ITC |
| Industry | Conglomerate |
| Predecessor | W.D. & H.O. Wills |
| Founded | 24 August 1910 (113 years ago) |
| Headquarters | Virginia House, Kolkata, West Bengal, India |
| Area Served | Indian subcontinent, Gulf countries |
| Key People | Sanjiv Puri (Chairman & MD) |
| Products | Consumer goods, Cigarettes, Apparel, Education, Hotels and Resorts, Paperboards & Specialty papers, Packaging, Agribusiness, Information technology, |
| Brands | Gold Flake, Wills Navy Cut, Classic, Aashirvaad, Fiama Di Wills, Classmate, Dark Fantasy |
| Revenue | ₹78,498.70 crore (US$9.8 billion) (2023) |
| Operating Income | ₹25,793.21 crore (US$3.2 billion) (2023) |
| Net Income | ₹19,427.68 crore (US$2.4 billion) (2023) |
| Total Assets | ₹85,882.98 crore (US$11 billion) (2023) |
| Total Equity | ₹69,538.79 crore (US$8.7 billion) (2023) |
| Number of Employees | ~49,824 (2023) |
| Website | www.itcportal.com |
ITC Share Price Target 2024, 2026, 2028, 2031, 2035
| Year | Share Price Target |
|---|---|
| 2024 | ₹519.18 |
| 2025 | ₹619.78 |
| 2026 | ₹726.90 |
| 2027 | ₹828.79 |
| 2028 | ₹934.31 |
| 2029 | ₹1,043.25 |
| 2030 | ₹1,147.19 |
| 2031 | ₹1,251.13 |
| 2032 | ₹1,359.36 |
| 2035 | ₹1,665.18 |
ITC Share Price Target 2024
Talking about the business of ITC, the company’s business is seen to be quite diversified. Along with cigarettes, the company is also seen rapidly increasing its focus on FMCG, Hotels, Paper, and Agri-Business. If seen in all these business segments, due to the strong brand value of the company’s products, the revenue growth is seen increasing at a very good pace every year.
The company has a large product portfolio whose brand value is quite high in the market. If we look at the last few years, with the increase in demand for the company’s products in the market, huge growth is also being seen in sales and profits. The management is fully hopeful that with the increase in demand for the company’s products in the coming days, there will be very good growth in the business too.
As the demand for the product increases in the market, if the ITC Share Price Target is seen in 2024, then along with earning very good returns, you can see the first target of Rs 480. After this target, you are expected to see the second target of Rs 520.
ITC Share Price Target 2024 Table
| 2024 | Share Price Target |
|---|---|
| January | x |
| February | x |
| March | ₹441.97 |
| April | ₹452.94 |
| May | ₹469.56 |
| June | ₹475.58 |
| July | ₹487.86 |
| August | ₹492.28 |
| September | ₹499.94 |
| October | ₹506.86 |
| November | ₹512.39 |
| December | ₹519.18 |
ITC Share Price Target 2025
As seen, ITC is gradually showing its maximum focus on the FMCG business segment, in which the company is seen launching new products one after the other. In the recent past, the company has been seen launching many such new products in this FMCG business segment, in which the company has been seen getting very good responses from the market in these new products.
In the coming times also, the management is seen working on a complete plan to launch many new products in its FMCG business segment. As the company continues to launch new products in the FMCG business segment in the coming years, this will help the company grow its business rapidly in the long run.
If we look at ITC Share Price Target 2025 as the company will launch new products, the business will grow accordingly and the first target will be around Rs 528. After that, you can look at the second target of interest at Rs 620.
ITC Share Price Target 2025 Table
| 2025 | Share Price Target |
|---|---|
| January | ₹528.94 |
| February | ₹530.48 |
| March | ₹543.17 |
| April | ₹555.60 |
| May | ₹574.85 |
| June | ₹578.30 |
| July | ₹592.04 |
| August | ₹598.81 |
| September | ₹601.92 |
| October | ₹612.78 |
| November | ₹618.87 |
| December | ₹619.78 |
ITC Share Price Target 2026
If seen gradually, ITC is seen increasing its focus on strengthening its distribution network to spread its products to more and more customers. In recent times, the company has been successful in expanding its distribution network rapidly by partnering with many distributors and retailers, and in the coming times too, it is partnering with new distributors and retailers to reach its products to every small village and city. Can be seen working.
Along with this, ITC is seen increasing its focus on the domestic market as well as the global market. The company is gradually paying a lot of attention to expanding its network to strengthen its hold in the markets of new countries, as ITC will be seen expanding its network all over the world, accordingly you will see an increase in the business of the company. It is going to happen.
As the company network becomes stronger, the ITC Share Price Target will give you excellent returns by 2026 and you will see the first target showing Rs 633. And then you can think of holding the second target for Rs 726.
ITC Share Price Target 2026 Table
| 2026 | Share Price Target |
|---|---|
| January | ₹633.25 |
| February | ₹636.13 |
| March | ₹652.04 |
| April | ₹663.78 |
| May | ₹674.05 |
| June | ₹688.09 |
| July | ₹698.98 |
| August | ₹698.59 |
| September | ₹704.56 |
| October | ₹719.44 |
| November | ₹718.72 |
| December | ₹726.90 |
ITC Share Price Target 2027
ITC is currently increasing its focus on the digital segment to increase the brand value of its products in the market and to spread its products rapidly to more and more people. The company is gradually seen increasing its focus on online e-commerce platforms like Amazon, and Bigbasket as well as its digital platforms.
In the last few years, the company has been seen launching many such campaigns in the market to strengthen its brand value on the digital platform, due to which the demand for the company’s products is gradually increasing in the digital segment. But we are seeing rapid growth, it is expected that the company will see even faster growth in the digital segment in the coming times.
As the growth in the digital segment of the company increases, if the ITC Share Price Target is seen in 2027, then along with earning very good returns, you can see the first target of Rs 736. As soon as this target becomes profitable, you can see another target gaining Rs 828.
ITC Share Price Target 2027 Table
| 2027 | Share Price Target |
|---|---|
| January | ₹736.53 |
| February | ₹737.84 |
| March | ₹750.58 |
| April | ₹769.72 |
| May | ₹781.26 |
| June | ₹786.56 |
| July | ₹797.76 |
| August | ₹802.52 |
| September | ₹811.74 |
| October | ₹822.06 |
| November | ₹823.64 |
| December | ₹828.79 |
ITC Share Price Target 2028
| 2028 | Share Price Target |
|---|---|
| January | ₹842.64 |
| February | ₹845.69 |
| March | ₹856.26 |
| April | ₹869.50 |
| May | ₹880.40 |
| June | ₹890.47 |
| July | ₹901.18 |
| August | ₹907.74 |
| September | ₹918.67 |
| October | ₹926.99 |
| November | ₹924.87 |
| December | ₹934.31 |
ITC Share Price Target 2030
As a good strategy to maintain the growth of its business in the long run, ITC is gradually increasing its focus on other businesses instead of the cigarette business. The management is very well aware that there are a lot of government rules and regulations on the cigarette business, which has a huge impact on the growth of the company’s business.
Keeping this in mind, the management has gradually started investing in the other business segments instead of the cigarette business segment in the last few years. In the coming days, the company is seen making plans to increase investment in other business segments even more, from which it can be expected that the company will see benefits from it in the long run.
ITC Share Price Target 2030 Table
| 2030 | Share Price Target |
|---|---|
| March | ₹1,174.82 |
| June | ₹1,197.74 |
| September | ₹1,227.93 |
| December | ₹1,251.13 |
ITC Share Price Target 2031
| 2031 | Share Price Target |
|---|---|
| March | ₹1,174.82 |
| June | ₹1,197.74 |
| September | ₹1,227.93 |
| December |
₹1,251.13 |
ITC Share Price Target 2035
| 2035 | Share Price Target |
|---|---|
| March | ₹1,589.87 |
| June | ₹1,617.79 |
| September | ₹1,638.98 |
| December | ₹1,665.18 |
ITC Share Price Target in The Next 10 Years
| Period | Share Price Target |
|---|---|
| 1 Year | ₹528.94 |
| 2 Years | ₹633.25 |
| 3 Years | ₹736.53 |
| 4 Years | ₹842.64 |
| 5 Years | ₹934.31 |
| 6 Years | ₹1,043.25 |
| 7 Years | ₹1,147.19 |
| 8 Years | ₹1,251.13 |
| 9 Years | ₹1,359.36 |
| 10 Years | ₹1,457.30 |
Future of ITC Shares India
Keeping the future in mind, ITC is gradually increasing its focus on expanding its business in segments like FMCG, hotels, etc., which investors did not want to invest in this company due to the tobacco sector. Now due to focus on the remaining segments, they will prefer to invest, due to which the share price will be seen increasing rapidly.
Along with this, the way the company is gradually strengthening its hold in its new business segments, it is seen that it is continuously launching new products one after the other in the market, which will bring benefits to the company in the long run.
Strong Fundamentals:
ITC has a strong balance sheet and track record of profitability. The company’s cigarette business is still its largest revenue generator, but its FMCG business is growing rapidly. ITC is also expanding its presence in the hotel and paperboard business.
Attractive Valuation:
ITC’s valuation is relatively attractive compared to other consumer staples companies.
Positive Industry Trends: The Indian consumer staples market is growing rapidly, and ITC is well-positioned to benefit from this growth. The company’s strong brands and distribution network give it a competitive advantage.
Growth Potential:
ITC’s stock has already grown significantly in recent years, but there is still potential for further upside. The company is still relatively under-owned by foreign investors, and there is a possibility that the stock could re-rate to a higher valuation.
Continued growth in the cigarette business:
The cigarette business is still the largest revenue generator for ITC, and is expected to grow in the coming years. The Indian cigarette market is growing at a CAGR of approximately 6%, and ITC is well-positioned to benefit from this growth.
Strong growth in FMCG business:
FMCG business is the fastest growing business for ITC. The company has a strong portfolio of brands in the FMCG sector and is expanding its distribution network. ITC is targeting a 15 percent market share in the FMCG sector by 2025.
Expansion into new businesses: ITC is expanding into new businesses like hotels and paperboards. These businesses have the potential to contribute significantly to the company’s growth in the coming years.
Risk of ITC Share
If we talk about the biggest risk in the business of ITC, then most of the company’s revenue comes from the cigarette business and if seen in this, there are a lot of rules and regulations of the government, if there are any rules and regulations from the government in future. If any change is seen, it can have a huge impact on the company’s revenue.
Talking about the second risk, the growth of ITC Share is seen to be very slow compared to the shares of other companies. Although the company pays good dividends every year, the share price has not seen big growth even in the long run, due to which you may have to wait a little longer to earn good returns on the shares of this company.
My opinion:-
There is no doubt that the way ITC is increasing its focus on other business segments instead of its cigarette business, there are huge opportunities for growth. If you are a long-term investor then ITC seems to be a very good company in my view. But keep in mind that before taking any decision related to investment at any price, do not forget to analyze the complete details about the business of the company yourself
ITC Share F.A.Q.
How will ITC Share be from the future point of view?
Keeping the future in mind, the way ITC is increasing its focus on its new business segments is definitely going to benefit the company’s business in the long run.
When would it be right to invest in ITC Shares?
Whenever you see a slight decline in ITC Share, then you can think about investing gradually for a long time.
Does ITC Share pay a good dividend every year?
If seen in terms of dividends, ITC Share looks very good, the company pays a very good amount to its shareholders every year in the form of dividends.
Conclusion
I hope that after reading the article ITC Share Price Target 2024, 2025, 2027, 2030, and 2035, you will have a good idea about where the company’s growth has the potential to go in the coming years. If you still have any questions related to this article in your mind, then do not forget to ask in the comments. For detailed information about such stocks related to the share market, you must also read our other articles.
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