What is the future of the ITC share price?

The Covid crisis aided the company's expansion in this market, particularly in the hygiene category. In the first half of FY 21, a flood of new products were introduced. While the pandemic has slowed, several hygiene products have suffered a downturn in recent months. In the following quarters, it will be obvious how much these brand extensions aid the company in the long run, and if they continue to perform well, it should help improve the FMCG segment's valuations.

Financial Insights

Sales have decreased by 0.19 percent. The firm's revenue has decreased for the first time in three years.

In the fiscal year ending 31 March ,2021, company's spent for the interest charges and employee cost reduced to less than 1% and 9.06%  of its operating revenue respectively.

ITC and its revenue

ITC Ltd., founded in 1910, is a Large Cap firm in the Tobacco industry with a market capitalization of Rs 273,008.05 crore.

Packaged Food Item, Agricultural Products, Paper & Paper Boards, Others, Service (Hotel), Tobacco Unmanufactured, Printed Materials, and Other Operating Revenue are ITC Ltd.'s key Products/Revenue Segments for the year ending 31-Mar-2020.

What is the price of ITC share and what are the returns on an ITC share?

As of 11:57 a.m. IST on February 18, 2022 ITC's stock dropped 0.09 percent from its previous closing price of Rs 222.75. The price of the ITC share was Rs 222.45. ITC Shares'

Return Performance:

1 Week: ITC share price moved down by 4.28%

1 Month: ITC share price moved upwards by 0.79%

3 Month: ITC share price moved down by 6.32%

6 Month: ITC share price moved upwards by 6.48%

Note- Investors are recommended to do their own due diligence before making any investment decision as the risk appetite, financial goals and investment capabilities may vary from investor to investor

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