Dividend yield of 5-6 is expected over the next two years. Overhang of a possible GST increase going forward.
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Apart from having a near borderline monopoly in its traditional business of cigarettes ITC is the countrys leading FMCG marketer.
Itc share price. ITC Ltds earnings have grown by 72 whereas share price has declined -34 CAGR over the past five years indicating the companys share price is likely undervalued. Maintains accumulate rating with a target price of Rs 240 per share. Sharekhan says BUY pegs target at Rs 265 ITC registered mixed performance in Q4FY2021 with revenue growing by 24 boosted by 79 growth in agri-business while OPM was down by 486 bps to 316 due to change in revenue mix and lower profitability in.
However for specific investment actions please consult your investment advisor. Maintains neutral with a target price of Rs 220 apiece. ITC share price today.
ITC share price. Cigarette business likely to contribute over 82 to ITCs overall EBIT. The best long-term short-term ITC share price prognosis for 2021 2022 2023.
HDFC Securities says BUY check price target HDFC Securities says that ITC has a diversified presence in cigarettes FMCG hotels packaging paperboards specialty papers and agri-business. ITC Stock Forecast ITC stock price prediction. Price target in 14 days.
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