ITC Share: ITC’s Market Momentum What’s Next? Experts Share Insights!
ITC’s Steady Climb
Today’s Tick
ITC’s shares are seeing a bit of sunshine, up by 0.91% at Rs 406.95, marking a small but positive move from its last close. The trading day had its moments, with shares swinging between Rs 407.60 and Rs 403.60.
Yearly Glance
The journey this year has been bumpy for ITC, dipping -12.71%, with the last five days adding a -1.99% slide. Yet, the story doesn’t end here.
Analyst Outlook
A troop of 36 analysts has got ITC under their radar, with most of them leaning towards optimism. A solid 32 analysts are in the ‘strong buy’ and ‘buy’ camp, signaling confidence in ITC’s trajectory.
Profit Picture
ITC’s financial health seems robust, posting a net profit of Rs 5,335.23 crores in its latest quarter. This figure is a beacon for investors, hinting at underlying strength.
Peer Play
In the competitive arena, ITC is not alone. With peers like Godfrey Phillips India pushing up by 2.94% and VST Industries slightly down by 0.48%, the landscape is dynamic.
Ownership Overview
ITC boasts a complete public holding, with significant stakes held by mutual funds and FIIs, though there’s been a slight dip in their shares recently.
Forward Focus
Despite the recent dips, ITC’s solid profit, coupled with analyst optimism, paints a hopeful picture. It’s a blend of cautious watch and potential upside, making ITC a story worth following for every market enthusiast.
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