Do you have to purchase ITC shares for lengthy or brief time period now? The inventory of Kolkata-headquartered ITC Ltd—whose demerged motels enterprise just lately listed as ITC Resorts—has gyrated between Rs 404 and Rs 471 up to now in February, coming inside 19 per cent of its all-time excessive that was recorded on the identical day as headline index Nifty 50’s, on September 27.
On the present juncture, many analysts maintain optimistic the ITC inventory, citing the corporate’s sturdy market place in cigarettes, and a secure taxation setting for the section provided that Finances 2025 is out of the way in which—an annual occasion when producers sometimes worry a hike in sin taxes.
Listed here are a couple of essential issues to learn about ITC—whose common cigarette manufacturers embrace Basic, Gold Flake and Insignia—and its shares:
ITC Share Value Motion
At Wednesday’s closing value, the ITC inventory has but to get well 18.7 per cent to revisit its file excessive, registered on September 27. The inventory registered a light acquire to finish at Rs 406.5 apiece on February 19, recovering about one fourth of its losses up to now two days.
How analysts view ITC inventory
This month, Zee Enterprise analyst Kushal Gupta really helpful ITC shares for a one-year goal of Rs 560, describing it as a superb scrip within the consumption house.
On the present market value, the goal implies a 38 per cent upside within the inventory.
It additionally suggests a 12 per cent upmove past the present all-time excessive of Rs 500.
Shopping for ITC shares for brief time period?
Additionally in February, Zee Enterprise analyst Ashish Chaturvedi gave a ‘purchase’ name on ITC with a three-month goal of Rs 475, citing better-than-expected development within the firm’s quarterly cigarette volumes.
How brokerages price ITC
| Brokerage | Name | Goal |
| KRChoksey | Purchase | 494 |
| BOB Capital | Purchase | 551 |
“The present development is inflationary, and calibrated pricing is steadily offsetting inflation. We incorporate the Resorts enterprise as discontinued and so now have a barely decrease gross sales and margin profile throughout the forecast years,” wrote BOB Capital Markets analysts in a analysis report dated February 7.
The brokerage’s analysts discovered the earnings visibility within the firm’s cigarettes unit cheap.
How ITC fared in Q3 FY25
ITC staged a blended monetary efficiency for the third quarter of the present monetary 12 months, with a 1.2 per cent year-on-year enhance in its standalone web revenue to Rs 5,638 crore, together with the contribution of discontinued operations.
The corporate’s quarterly EBITDA—or earnings earlier than curiosity, taxes, depreciation and amortisation, a key measure of working earnings—grew 1.6 per cent to Rs 5,828 crore, based on a regulatory submitting.
ITC’s margin—a gauge of profitability—largely met Road expectations, at 34.2 per cent.
In keeping with Zee Enterprise analysis, ITC’s third-quarter web revenue was estimated at Rs 5,150 crore, EBITDA at Rs 6,280 crore, and margin at 34.3 per cent.
The Kolkata-based firm’s cigarette volumes grew 5.0 per cent, 100 foundation factors above analysts’ expectations.
ITC Dividend
The corporate’s board declared an interim dividend of Rs 6.5 per share, with a file date of February 12.
When ITC Shares Hit Rs 500 All-time Excessive
On September 27, ITC shares registered an all-time excessive of Rs 500.
That was additionally the day when market individuals final witnessed all-time highs on Nifty 50 and Sensex gauges, at 26,277 and 85,978 respectively.
Persistent international institutional outflows, muted earnings, and now world commerce war-related issues have saved buyers on their toes, say analysts.
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