Friends, if you want to buy the cheapest stock in 2023, if we talk about the stock of ITC company, then the share price of this company was around Rs. 380 in the month of April 2023 and this stock may give good returns in the future, today in this article we are going to give you information about ITC share price target.
ITC share Overview
The ITC company was established on 24 august 1910 in Kolkata and this company was listed on the national stock exchange on 1 January 1999 in the stock market at rs. 11.
ITC share price targetif you invest in this company then the company can give you good returns in the future.
It is also the oldest company in India, the company is constantly trying to increase its business, the NSE ITC share price is showing a gradual rise and the company’s stock price can go up anytime, all types of investors can invest in the share price of ITC company.
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NSE: ITC share price target
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Years wise ITC share price NSE forecast
|In Years||ITC share price NSE India prediction|
|ITC share 2023 (Target-1)||Rs. 392|
|ITC share 2023 (Target-2)||Rs. 427|
|ITC share 2024 (Target-1)||Rs. 460|
|ITC share 2024 (Target-2)||Rs. 487|
|ITC share 2025 (Target-1)||Rs. 570|
|ITC share 2025 (Target-2)||Rs. 650|
|ITC share 2030 (Target-1)||Rs. 1280|
|ITC share 2030 (Target-2)||Rs. 1350|
ITC share price target 2023
friends ITC share price is expected to increase by 2022, if you hold the shares of this company till 2023, you can get a lot of profit from it, the total income of ITC company was Rs 74,979 crore in 2022.
The company is the second-largest private company in India, with business mainly in the tobacco industry, hotels, and other sectors, and is also considered India’s second-largest company by revenue,
Experts believe that in 2022, the share price target of ITC Company is estimated to be Rs 392.75 and the other ITC share price target is Rs 427.20,
There are many reasons for the slow increase in the share price of ITC Company and the biggest reason is that the company is running its business in many sectors, due to this the company is not able to manage the business properly.
ITC share price target 2024
The ITC company is also India’s biggest strong company in terms of economic condition, if we talk about slow-moving stock prices then the name of ITC ltd shares comes first, the company’s revenue is also very good, and ITC is the most powerful company in the market.
In 2023, the ITC share target could be Rs 460.49, and the second ITC share price target could be Rs 487.67.
ITC share price target 2025
Talking about the ITC stock prediction target, in 2025, the company can invest in other sectors of this sector, the company can definitely invest in some other sector in the coming 5 or 4 years.
In the sector in which the company is doing its business, the demand for the products of that sector is highest in the market, and the company’s products have the highest supply in the market, if the company’s earnings increase in 2025, the company’s share price will also increase.
ITC company has the largest number of shareholders, many people are investing in the company and taking the company forward, in the coming time the company will also be able to give good returns to its shareholder.
The goods that the company is producing have demand in the market, but other competing companies are also coming into the market, which can also reduce the revenue of the company, if ITC uses good technology, the company will grow.
Based on the business of the company, it can be said that in 2025 the share price target of ITC company is going to be Rs 570.20 and the second ITC share forecast price is Rs 650.70.
ITC share price target 2030
ITC company fulfills most of the demands of its customers, the company is also doing business in the hotel sector, and the company is also working in that area due to this the share price of the company is increasing gradually.
If the company does not invest in other sectors by 2030 and does more work in its earlier sector, then the company’s share price can also see a rise, In 2030, the ITC stock price target is Rs 1280, and the second ITC price prediction price will be Rs 1350.
Note- We have given you information about the ITC share price target while analyzing the business of the company, according to the business of the company, the share price may increase in the coming time.
Is ITC stock good for the future?
Till now no negativity has been seen in the share price of the company, if you want to keep a share of ITC company in the future, then the company will not be able to give you a good return as compared to others,
Because since the company got listed on the stock market, there has been no increase in the share price of the company.
ITC is the second-largest private company in India and the income of the company is also very tremendous, if the company does not invest in other businesses in the future then the company can give good returns.
Experts believe that the company is running a business in many sectors, due to which its share price is not increasing. Know here today’s ITC share price.
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