|
01 Aug 2025 |
ITC
|
Consensus Share Price Target
|
411.95 |
500.39 |
- |
21.47 |
buy
|
|
|
|
|
09 Feb 2023
|
ITC
|
Geojit BNP Paribas
|
411.95
|
400.00
|
374.25
(10.07%)
|
Target met |
Hold
|
|
|
|
|
07 Feb 2023
|
ITC
|
BOB Capital Markets Ltd.
|
411.95
|
459.00
|
373.25
(10.37%)
|
Target met |
Buy
|
|
|
ITC: Stellar show continues; outlook bright. STRCEM: In-line performance; maintain BUY
|
|
06 Feb 2023
|
ITC
|
ICICI Securities Limited
|
411.95
|
420.00
|
380.65
(8.22%)
|
Target met |
Accumulate
|
|
|
Cigarette business continues to report strong revenue growth (~11% 3-year CAGR, volumes up ~15% in 3Q vs consensus at +10%) driven by market share gain from informal segment due to (1) stability in taxes and (2) deterrent action by enforcement agencies.
|
|
06 Feb 2023
|
ITC
|
BOB Capital Markets Ltd.
|
411.95
|
459.00
|
383.40
(7.45%)
|
Target met |
Buy
|
|
|
Q3 revenue grew 3.5% YoY and gross margin expanded 700bps driven by a strong performance across categories
|
|
06 Feb 2023
|
ITC
|
Axis Direct
|
411.95
|
460.00
|
383.40
(7.45%)
|
Target met |
Buy
|
|
|
Recommendation With an upside potential of 21% from the CMP, we maintain our BUY rating on the stock.
|
|
04 Feb 2023
|
ITC
|
Motilal Oswal
|
411.95
|
450.00
|
380.65
(8.22%)
|
Target met |
Buy
|
|
|
|
|
04 Feb 2023
|
ITC
|
ICICI Direct
|
411.95
|
450.00
|
380.65
(8.22%)
|
Target met |
Buy
|
|
|
|
|
03 Feb 2023
|
ITC
|
Prabhudas Lilladhar
|
411.95
|
438.00
|
380.65
(8.22%)
|
Target met |
Accumulate
|
|
|
|
|
02 Feb 2023
|
ITC
|
Axis Direct
|
411.95
|
410.00
|
378.60
(8.81%)
|
Target met |
Buy
|
|
|
We continue to remain positive on ITC and maintain a BUY rating with a revised TP of Rs 410 (22x FY25 EPS) vs. Rs 400 (22x Sep-24 EPS), implying an upside of 14% from the CMP.
|
|
01 Nov 2022
|
ITC
|
Geojit BNP Paribas
|
411.95
|
371.00
|
353.60
(16.50%)
|
Target met |
Hold
|
|
|
|
|
25 Oct 2022
|
ITC
|
IDBI Capital
|
411.95
|
380.00
|
345.80
(19.13%)
|
Target met |
Hold
|
|
|
|
|
21 Oct 2022
|
ITC
|
ICICI Direct
|
411.95
|
405.00
|
345.60
(19.20%)
|
Target met |
Buy
|
|
|
|
|
21 Oct 2022
|
ITC
|
Axis Direct
|
411.95
|
400.00
|
345.60
(19.20%)
|
Target met |
Buy
|
|
|
Benign taxation, inexpensive valuations (21x FY24E EPS), and 3-4% dividend yield makes us BUYers of the stock. Our TP is revised toRs 400. Key Risks to our call:a)regulatory announcements to curb cigarette consumption through tax hikes b) resurgence of covid cases, & c) inflation.
|
|
21 Oct 2022
|
ITC
|
ICICI Securities Limited
|
411.95
|
400.00
|
349.70
(17.80%)
|
Target met |
Accumulate
|
|
|
ITC (after several years) has been highlighting (since 1Q) a supportive macro translating to gains from illicit segment.
|
|
20 Oct 2022
|
ITC
|
Motilal Oswal
|
411.95
|
400.00
|
345.60
(19.20%)
|
Target met |
Buy
|
|
|
|
|
29 Sep 2022
|
ITC
|
Axis Direct
|
411.95
|
380.00
|
333.05
(23.69%)
|
Target met |
Buy
|
|
|
We recommend a BUY rating on the stock with a revised TP of Rs380, implying an upside potential of 17% from the CMP.
|
|
08 Aug 2022
|
ITC
|
Geojit BNP Paribas
|
411.95
|
352.00
|
308.55
(33.51%)
|
Target met |
Buy
|
|
|
|
|
02 Aug 2022
|
ITC
|
ICICI Direct
|
411.95
|
360.00
|
309.95
(32.91%)
|
Target met |
Buy
|
|
|
|
|
02 Aug 2022
|
ITC
|
IDBI Capital
|
411.95
|
377.00
|
308.15
(33.68%)
|
Target met |
Buy
|
|
|
|
|
01 Aug 2022
|
ITC
|
Motilal Oswal
|
411.95
|
355.00
|
309.95
(32.91%)
|
Target met |
Buy
|
|
|
|