ITC Share Price NSE India, ITC Share Price Target 2022: ITC share price is skyrocketing. ITC share price on Friday hit a fresh 52-week high of Rs 324.25, gaining 2 per cent, on the NSE. ITC share price BSE too hit a fresh 52-week high of Rs 324.20. The FMCG giant’s share price finished at Rs 323.15 on NSE and Rs 323 on BSE.
With bulls charging ITC shares, the company’s market cap crossed Rs 4 trillion (Rs 4,00,72,409.63) after 5 years. ITC market cap had last touched Rs 4 trillion in 2017.
ITC share price NSE 52-week range is Rs 324.25 – Rs 207.
ITC share price in 2022 has delivered a stellar return of around 48 per cent. On January 2, the first trading day of the year, ITC share price was Rs 219.10. ITC share price has since then added over Rs 100 apiece, resulting in wealth gains for investors.
Market expert and one of the Zee Business panelists Shubham said that there is room for more upsurge in ITC share price. Giving a BUY call for ITC share, he said that the stock was sideways for a long and now it is consistently give breakouts. He said that the view on ITC share is positive and suggested that ITC share price can deliver a return of more than 10 per cent in two months.
ITC Share Price Target NSE
ITC share price target, he said, would be Rs 360. Time period given by the analyst for ITC share price target is 2 months.
ITC share price Stop Loss – Rs 300
Another Zee Business panelist Sumit also recommended BUY for ITC share. He said that ITC share price could reach Rs 330 – Rs 335 in a day or two. He suggested — ADD ITC share on dips. ITC share price Stol Loss he said should be Rs 316.
Earlier, in a special edition ‘SID Ki SIP’ aired on Zee Business with Managing Editor Anil Singhvi, stock market expert Siddharth had recommended to BUY ITC shares. ITC share price target for those buying ITC in delivery, he said, would be Rs 330 in short term. ITC share price target in long term, according to Siddharth, would be Rs 364.
ITC was incorporated in 1910. The Kolkata headquartered company has a diversified presence in FMCG, hotels, packaging, paperboards & specialty papers and agri-business. ITC is also the country’s largest cigarette maker.