NSE: ITC Share Price Financial Analysis & Valuation

ITC Ltd. is a most liquid value blue chip company and also listed in TOP 20 Valuation Picks of NSE. ITC is having low PE (Price to Earning), low PB (Price to Book) and high DY (Dividend Yield).

ITC Ltd. is a Good Quality Stock as it is listed in as TOP 50 Quality Picks by NSE. ITC is having very good return on equity (ROE), financial leverage (Debt/Equity Ratio) and earning (EPS) growth variability analysed during the previous 5 years.

ITC Ltd. is also traded in Future & Options (Derivative segment of NSE).

ITC Ltd. is a high yielding company listed on NSE while meeting growth and stability requirements. ITC is also listed in Top 50 NIFTY Dividend Opportunities Company List.

In the past 1 year, ITC Ltd. has declared an equity dividend of Rs 15.5 per share. At the current share price of ITC at Rs 436.45, this results in a dividend yield of 3.55 %.

As per the Fundamental Analysis of NSE:ITC, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine ITC underlying value and future prospects. All of this data is available in ITC financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:ITC, it is clearly understood that ITC is Standard performer in terms of earnings and profit margins with an EPS of 16.41. NSE:ITC book value per share as of today is 54.15. The current price to book ratio for ITC as of May 03, 2024 is 8.06.

Valuation of the Stock: The current valuation of ITC stock is like Silver which means currently the stock is at Premium. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of ITC whether to BUY this stock at current valuation. The delivery percentage of ITC is 49.96% is very crucial parameter which shows that 49.96% investors are anticipating that the price of ITC share should go up with VWAP at 435.74.

Now, the main question is whether to BUY or SELL, NSE:ITC at current valuation.
As per latest Analysis No. #5405:-

⇑ STRONG BUY ITC if All Greens

⇗ BUY ITC (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD ITC (With Stop Loss) if only 1 Green

⇘ SELL ITC if NO Green Indicator

NSE: ITC Share Price Today (May 03, 2024)

(ITC Ltd. Daily Analysis on the basis of ITC Intraday Graph & Trend)

ITC Ltd. share price moved Down by -0.58% from its previous close of Rs 439. ITC stock last traded price is 436.45. ITC share price trend is Down with a total of 22904276 stocks traded till now. It has touched an intraday high of Rs 440.05 and an intraday low of Rs 431.35. The ITC trading at 436.45, Down by Rs. -2.55, or -0.58 percent which suggests that most of the Traders are anticipating that the price of ITC share should go Down.

NSE: ITC Share Price Tomorrow Prediction

(ITC Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of ITC)

ITC Ltd. share price moved Down by -0.58%. ITC share price short term trend is Down. It suggests that ITC Share Price for Tomorrow remains the same with VWAP at 435.74 will be treated as stop loss for intraday traders. ITC Ltd. Long term investors can follow the ITC long term trend as mentiond in future forecast table.

NSE:ITC News & Other Useful Information about ITC Share Price

Peer Comparison of NSE: ITC

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Diversified