Share of ITC Limited is currently trading at around Rs.455/- Existing as well as prospective investors are asking for the ITC Share Price Target by 2025 as well as the share price targets for other years from 2023 to 2030. In this article, we will discuss about the business prospects and financial performance of ITC Limited and based on our discussion and analysis will tell you the ITC Share Price Target by 2025 as well as targets for other years from 2023 to 2030.
Following are the frequently asked questions by the existing as well as prospective investors, about ITC Ltd:
- What is the price target of ITC share in 2030?
- What is the target share price of ITC in 2025?
- What will be ITC share price after 5 years?
- What is the target price of ITC in 2024?
Discussion & Analysis of Business & Financial performance as well as future Business Prospects of ITC Ltd:
ITC Limited is a diversified conglomerate with interests in a wide range of sectors, including cigarettes, hotels, paperboards, packaging, agri-business, and information technology. The company has a long history of growth and profitability, and it is well-positioned to continue to grow in the future.
One of the key drivers of ITC’s future growth is its focus on the fast-moving consumer goods (FMCG) sector. ITC has a strong portfolio of FMCG brands, including Aashirvaad, Sunfeast, Bingo, and Classmate. The company is well-positioned to capitalize on the growing demand for FMCG products in India, which is expected to grow at a CAGR of 10% over the next five years.
ITC is also expanding its presence in the hospitality sector. The company has a number of hotels in India, and it is planning to open new hotels in key markets, such as the Middle East and Southeast Asia. The hospitality sector is expected to grow at a CAGR of 8% over the next five years, and ITC is well-positioned to capture a share of this growth.
In addition to its FMCG and hospitality businesses, ITC is also investing in new growth areas, such as e-commerce and digital services. The company has launched its own e-commerce platform, ITC e-Store, and it is also providing digital services, such as e-payments and mobile wallets. The e-commerce and digital services sectors are expected to grow rapidly in the coming years, and ITC is well-positioned to capitalize on this growth.
Overall, ITC is a well-diversified company with a strong track record of growth. The company is well-positioned to continue to grow in the future, driven by its focus on the FMCG sector, expansion in the hospitality sector, and investments in new growth areas.
Here are some specific factors that could contribute to ITC’s future growth:
- The growing middle class in India is expected to drive demand for FMCG products, hotels, and other consumer goods.
- The government of India is investing in infrastructure, which will create new opportunities for ITC in sectors such as paperboards and packaging.
- The growth of e-commerce and digital services will create new opportunities for ITC to expand its reach to consumers.
- ITC’s focus on sustainability and responsible practices will appeal to investors and consumers who are increasingly concerned about these issues.
Overall, ITC is a well-managed company with a strong track record of growth. The company is well-positioned to continue to grow in the future, driven by the factors mentioned above. If you are looking for a long-term investment, ITC is a good option to consider.
Share Price Targets:
ITC Share Price Target by 2023
Based on the above discussion and analysis, the share price of ITC may touch the level of around Rs.475-500 in 2023.
ITC Share Price Target by 2024
Based on the above discussion and analysis, the share price of ITC is likely to touch the level of around Rs.550-600 in 2024
ITC Share Price Target by 2025
Based on the above discussion and analysis, the share price of ITC is likely to remain in the range of Rs.650-700 in 2025.
ITC Share Price Target by 2026
Based on the above discussion and analysis, the share price of ITC may touch the level of around Rs.750-800 in 2026.
ITC Share Price Target by 2027
Based on the above discussion and analysis, the share price of ITC is likely to touch the level of around Rs.850-900 in 2027.
ITC Share Price Target by 2028
Based on the above discussion and analysis, the share price of ITC is likely to remain in the range of Rs.950-999 in 2028
ITC Share Price Target by 2029
Based on the above discussion and analysis, the share price of ITC is likely to touch the level of around Rs.1050-1250 in 2029
ITC Share Price Target by 2030
Based on the above discussion and analysis, the share price of ITC is likely to remain in the range of Rs.1300-1500 in 2030
Disclaimer: Share Prices are subject to market fluctuations and are dependent on several factors. These predictions are based on the current market conditions and the future market expectations. Investors are advised to take into consideration all these factors before making any investment in Capital Market. This article should not be treated as Investment advisory and is for general guidance purpose only. We keep revising our share price targets based on the latest information available with us. Please keep visiting our website regularly to keep yourself updated. MoneyInsight does not offer investment advice and does not encourage any action based on its content.
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