ITC Share Price Target, Forecast & Dividend Payout Ratio

 

Hello friends, today we will talk about ITC share. ITC Share Price Target, Forecast & Dividend Payout Ratio.

We will do fundamental analysis and technical analysis of stocks. At the same time, we will discuss the target, stop loss, and Buying Price of this stock.

 

Technical Analysis of ITC Share

Undoubtedly ICTC is a very good stock, ITC is registered in Nifty Fifty.

So you can close your eyes and believe this share will never give you a loss. The question is how much longer he can grow.

ITC Share Price History

If we look at the history of the last five years, the highest price of ITC in 2017 was Near 365 rupees.

And if I look at the lowest price of ITC shares in the last 10 years, it is 130 rupees or 140 rupees. Last year this share in Corona reached its lowest price of Rs 130. Let me tell you – 130 rupees is the Powerful supporting level for ITC share. And the good news is that ITC has not broken the strong point of 130 level, even reversed from there. ITC recently moved up to its 240 level.

 

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This means ITC shares have firmly established themselves in that space. And if you show the timeframe technical chart for one month, you can see that ITC has made “W” PATTERN around 160-165. And made a DOUBLE BOTTOM PATTERN to 130.

 

ITC Share Price History Graph

 

You can rest assured that ITC shares will not come down anymore.

 

Fundamental Analysis of ITC Share

ITC Limited is an Indian multinational conglomerate organization settled in Kolkata, West Bengal. Set up in 1910 as the Imperial Tobacco Company of India Limited, the organization was renamed as the India Tobacco Company Limited in 1970 and later to I.T.C. Restricted in 1974

CEO: Sanjiv Puri.

ITC Limited – India Tobacco Company Limited

So How Much Can Go Up And How Long Can It Take. In a word, ITC is a very slow stock, the price rises very slowly.

When you want to buy a stock for the long term, you need to practice in detail about that company while others are thinking.

You need to know if that company can benefit you in the future.

 

Business Model Of ITC Company

So we know which companies are involved in which business.

• The main business of ITC company is to make products made of tobacco. ITC Ltd sells 81% of the Cigarettes, Bidis in India, where 275 million individuals use tobacco items and the complete cigarette market is worth near $11 billion. ITC’s critical cigarette brands fuse Wills Navy Cut, Gold Flake Kings, Gold Flake Premium lights, Gold Flake Super Star.
  

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• The second is to make all the spice products in the kitchen.

ITC’s significant food brands incorporate Aashirvaad, Sunrise Foods, Sunfeast, Bingo!, Kitchens of India, Sunfeast YiPPee!, B Natural, mint-o, Candyman, Gummo, Fabelle, Sunbean, Sunfeast Wonderz Milk, ITC Master Chef, Farmland. ITC is India’s biggest dealer of marked food sources with over Rs. 4,600 crore in 2012–13

 

• The third is papercraft and caller tune, especially notebooks, now known as Classmate.

Moreover, hotel business technology is associated with information-related business and unique business.

 

ITC Share Holding & ITC Share Price Forecast

If we talk about shareholding, many big investors have been investing money in this stock for a long time., FII & DII, mutual fund

    Have invested and they are gradually increasing the amount of shareholding.

Therefore, it is understood that the share price is likely to rise in the coming days.

The ITC company business declined during the Corona period, with every business currently opening and operating rapidly.

ITC Share Bonus History

20/05/2016 1: 2
18/06/2010 1: 1
17/06/2005 1: 2
12/07/1994 1: 1

 

Therefore, I would like to tell you that if you are looking for a good stock, in the long run, ITC is very suitable.

ITC Share Price Target

CMP – 217.60

Buy Price – 202-208

Target  – 240

Stop – Loss – 195

Time Frame – 3 Months

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My Words

I hope you like my article ITC Share Price Target, Forecast & Dividend Payout Ratio. and your knowledge has increased a lot I have made a mistake in this article or if you have any questions, feel free to leave a comment in the comments box and I will try to answer your question as soon as possible.