|
16 Jul 2025 |
ITC
|
Consensus Share Price Target
|
424.60 |
500.39 |
- |
17.85 |
buy
|
|
|
|
|
30 Jan 2024
|
ITC
|
SMC online
|
424.60
|
|
438.05
(-3.07%)
|
|
Results Update
|
|
|
|
|
30 Jan 2024
|
ITC
|
Prabhudas Lilladhar
|
424.60
|
489.00
|
438.05
(-3.07%)
|
Target met |
Accumulate
|
|
|
|
|
30 Jan 2024
|
ITC
|
Motilal Oswal
|
424.60
|
515.00
|
438.05
(-3.07%)
|
Target met |
Buy
|
|
|
|
|
30 Jan 2024
|
ITC
|
BOB Capital Markets Ltd.
|
424.60
|
532.00
|
438.05
(-3.07%)
|
|
Buy
|
|
|
Cigarette business had a soft quarter while FMCG-others remained resilient, and hotels posted its best quarter on a high base
|
|
30 Jan 2024
|
ITC
|
Axis Direct
|
424.60
|
500.00
|
438.05
(-3.07%)
|
Target met |
Buy
|
|
|
Recommendation With an upside potential of 11% from the CMP, we maintain our BUY rating on the stock.
|
|
14 Dec 2023
|
ITC
|
BOB Capital Markets Ltd.
|
424.60
|
523.00
|
460.10
(-7.72%)
|
Target met |
Buy
|
|
|
Management is guiding for 80-100bps EBITDA margin expansion every year from cost cuts, scale and premiumisation
|
|
13 Dec 2023
|
ITC
|
Motilal Oswal
|
424.60
|
535.00
|
455.65
(-6.81%)
|
|
Buy
|
|
|
|
|
12 Dec 2023
|
ITC
|
Prabhudas Lilladhar
|
424.60
|
492.00
|
453.10
(-6.29%)
|
Target met |
Accumulate
|
|
|
|
|
20 Oct 2023
|
ITC
|
Axis Direct
|
424.60
|
540.00
|
438.30
(-3.13%)
|
|
Buy
|
|
|
We estimate the company to post Revenue/EBITDA/PAT growth of 10%/12%/12% CAGR over FY23-26E and maintain a BUY rating on the stock with an unchanged TP of Rs 540/share. We value the company at 27x June-25 EPS. The TP implies an upside of 20% from the CMP.
|
|
20 Oct 2023
|
ITC
|
ICICI Securities Limited
|
424.60
|
500.00
|
450.40
(-5.73%)
|
Target met |
Accumulate
|
|
|
Cigarette business continues to report steady revenue growth (+10% YoY; 17% 2Y CAGR), while cigarettes volume growth of ~4-5% is tad below our estimates. Market share gains from the informal segment continue due to (1) stability in taxes and (2) deterrent action by enforcement agencies. We expect volume growth for the formal industry to remain healthy in FY24.
|