ITC Share Price returned 13.82% CAGR in 1 year
ITC Limited (NSE: ITC) company’s core business segment is into FMCG and is been selected for investing long term horizon over an year and above based on the strong fundamental and technical analysis provided here in this article.
Technical analysis indicators; Simple Moving Average (SMA) 200 value 248.1 which is above the SMA 300 value 237.1 while the Relative Strength Index (RSI) is showing at 74.29.
The trendline is very strong which indicates a bullish momentum ahead. This can be an accumulation period through stock SIP investment option in
Zerodha Trading App
for better stock price averaging while investing.
The market capitalization as on publishing day stands at Rs. 381338/- Crore positioning it in bluechip stocks group listed on NSE India.
What made ITC Share Price to return 13.82% CAGR in 1 year?
ITC Share Price is currently trading at Rs.
309.5
per stock &
ITC Technical Chart
performance of the stock over the last 1 year of time frame which is considered to be a good investment period shows amazing profits at CAGR 13.82%
& now the opportunities indicates to invest based on above technical & following stock fundamentals.
ITC's 52 week low price at Rs. 204.35/- & 52 week high price at 316.65/-
Note: The closing price Rs 209.9/- of stock on 03-08-2021 was considered for CAGR calculation on a 1 year base with respect to the latest closing price.
ITC Limited
Following are the strong fundamental analysis of ITC Share Price which will definitely make to think in one of the bluechip companies of India for decent profits for a medium to long term investment horizon.
Fundamental Analysis of ITC
| Market Capitalization | Rs. 381338 Crore | Return On Equity (ROE) | 24.82% |
| P/E Ratio (TTM) | 23.21 | EPS (TTM) | 13.28 |
| P/B Ratio | 6.08 | Dividend Yield | 3.73% |
| Industry P/E Ratio | N/A | Book Value | 50.68 |
| Debt to Equity | 0 | Face Value | 1 |
Financial Statement of ITC
| Yearly | Revenue (Rs. Crores) | Profit (Rs. Crores) | Net Worth (Rs. Crores) |
| 2018 | 47,689.0 | 11,271.0 | 52,510.0 |
| 2019 | 49,862.0 | 12,592.0 | 59,141.0 |
| 2020 | 51,393.0 | 15,306.0 | 65,273.0 |
| 2021 | 53,155.0 | 13,161.0 | 60,347.0 |
| 2022 | 65,205.0 | 15,243.0 | 62,456.0 |
Shareholding Pattern of ITC
| Promoters | 0.00% |
| Retail Investors | 48.46% |
| Foreign Investors | 12.68% |
| Mutual Funds | 10.00% |
| Other Domestic Institutions | 28.86% |
ITC Limited
ITC Limited is a 112 years old company established as a conglomerate company which has got a diversified protfolio of companies into Hotels, Paperboards, Infotech, Sunrise Foods, Cigarettes, FMCG, Agri Business, Packaging etc., with a total on rolls employee base of 36500 members.
ITC created 60 lakh families benefit with sustainable livihoods from across rural India & got 12 different businesses, 40 lakh formers benefitted, More than 200 manufacturing units, 113 hotels across 70 places, 25 FMCG brands, 38 Platinum rated green buildings with 42% total renewable energy. Read more about ITC Limited company here from its official website.
Competitors of ITC
As ITC comes under FMCG sector; there are quiet a few peer competitors to ITC and here is a list of Top 5 FMCG Companies based on market capitalization as on publishing day are as follows…
How to invest in Stock Market with the Best Trading App in India?
Here is the list of top stock brokers in India who made the trading in stock market made hassle free and best user experience with very attractive competitive brokerage charges.
- Zerodha
- Groww
- 5paisa
What makes the best to go for Zerodha Account Opening
Breaking the barriers of brokerage charges among other competitors by the time company incorporated in 2010; Evolve, rise & conquer the market with flat Rs.20/- or less; which ever is low concept, now Zerodha is on India's no.1 position.
Zerodha Kite Features
Why don't to utilize the Stock SIP investing option to invest in ITC on regular basis on convenient day of every month on Zerodha product Kite. Now Zerodha Account Opening is very easy and Zerodha Demat Account for starting stock SIP investing right now.
Do you know the stock broker who turned-up unicorn: Groww App
The tough competitor now to Zerodha is Groww who turned-up unicorn startup of India facilitating not only the stocks investing but also mutual funds unlike Zerodha only provides stock trading. Groww recently introduced US stocks trading into its new product offering. Why waiting for something else and start investing right now in ITC with Groww App.
Groww App Download
Excited; how to open Demat account with Groww App; Here we share a link for opening the Demat account with Groww App.
Never forget the senior broker: 5paisa
Senior most broker among the above; 5paisa (a.k.a. IIFL Securities) using different accounts over a period of time; found 5paisa is now in line to the charges and best user experience with the app. So why don’t to consider buying ITC now, click here to open Demat account with 5paisa App.
References and Links:
- ITC stock chart: https://chartink.com/stocks/ITC.html
- About ITC Company Profile: https://www.itcportal.com/about-itc/index.aspx
- Zerodha Account Open: https://zerodha.com/open-account?c=XT4406
- Groww Account Open: https://app.groww.in/v3cO/ytmyw8ym
- 5paisa Account Open: https://cutt.ly/qLf9zZW
It takes 30 long years to turn Rs.1/- worth Rs.1000/- which means doubling money once in every 3 years at a rate of CAGR 26.67% returns. Early investment start time is NOW else 30 years before :-)
-------+-{@ * * * Happy investing for prosperity * * * @}-+--------
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