Is ITC a good buy for long term?

Is ITC a good buy for long term?

On its suggestion to positional investors in regard to ITC shares, Edelweiss Wealth research report has recommended stock market investors to buy ITC shares at current levels for long term target of ₹450 maintaining stop loss at ₹220 apiece levels.

How many times ITC gives dividend?

Corporate actions: Dividend history for ITC Ltd. ITC Ltd. has declared 24 dividends since July 3, 2001. In the past 12 months, ITC Ltd. has declared an equity dividend amounting to Rs 11.50 per share.

How to buy ITC shares?

You can easily buy ITC shares in Groww by creating a demat account and getting the KYC documents verified online.

Why ITC share is low?

Answer to your question is that the stock of ITC is very undervalued on the basis of the Intrinsic value it holds at this point in time. The company has a huge portfolio of products in its basket also the company is profitable at the moment.

Will ITC grow in future?

There should be approximately 20 per cent gain to topline YoY in 2021-22 and another 8 per cent revenue gains in 2022-23, and again around 8 per cent in 2023-24. This should translate into a 17-18 per cent rise in Ebitda in this financial year and another 11-12 per cent Ebitda growth in 2022-23 YoY.

Is ITC debt free company?

For a growing firm, debt plays a significant role in its financial performance. Debt-free businesses have numerous advantages and are a solid investment option….Best 10 Debt-Free Company Stocks To Invest In India 2021.

Company	Debt	Market Cap in Rs
ITC	0	2.56LCr
Ambuja Cements	0	67.70TCr
CDSL	0	10.55TCr
P & G Hygiene and Health Care Ltd	0	42.45TCr

Is ITC Giving 2022 dividend?

ITC said the dividend will be paid between July 22, 2022 and July 26, 2022 to entitled members. Shares of ITC traded flat at Rs 266.40 on the BSE in Thursday’s trade in an otherwise firm market, after the stock turned ex-dividend of Rs 6.25 per share. The stock hit a high of Rs 268.55 and a low of Rs 263.85 on the BSE.

Is ITC giving dividend in 2021?

Interim Dividend 2021-22 5.25 per Ordinary Share of Re. 1/- each and fixed 15th February, 2022 as the Record Date for this purpose.

Is ITC Giving bonus shares?

ITC Ltd. has given 3 bonuses since Sept. 21, 2005. The last Bonus that ITC Ltd….Corporate actions: Bonus history for ITC Ltd.

Ex-Date	Bonus Ratio	Record Date
July 1, 2016	1:2	July 4, 2016
Aug. 3, 2010	1:1	Aug. 4, 2010
Sept. 21, 2005	1:2	Sept. 28, 2005

Will ITC stock go up?

ITC shares have been rising for last four sessions. In last four days, ITC scrip has surged from around ₹254 to ₹281, logging more than 10 per cent rise in this period. The stock has been in uptrend after 24th February 2022 and it has delivered more than 25 per cent return to its shareholders in 2022.

Which share is best for long term?

Best Stocks to Buy in India for Long Term

S.No.	Long Term Stocks India	Industry
1.	Reliance Industries	Multinational Conglomerate
2.	Tata Consultancy Services (TCS)	Information Technology
3.	Infosys	Information Technology
4.	HDFC Bank	Banking

Which share is best to buy?

Stocks to Buy Today: Best Shares to Buy in India

Name	LTP	Low
Bajaj Finserv	11,428.40	11,290
Bharti Airtel	680.80	676
Britannia Inds.	3,424.85	3,388
Cipla	927.00	922

Is investing in ITC good?

Sharing his technical view, he said that ITC stock looks good on charts it is nearing a key breakout level of Rs 270, the stock can move to Rs 313 levels after this breakout. Stop Loss could be around Rs 250 levels, he added.

When did ITC stock split?

Find the split ratio of ITC for a selection of dates….ITC Splits.

Split date	Split Ratio
Jul 04, 2016	1/5.1 Stock Split

Why is ITC not growing?

Today’s trend of investment is ESG Environmental, Social, Governance. It is hurting social element hence people are avoiding ITC because of which it is not moving. Also paper and hotel business was affected due to COVID but now since everything is coming back to normal we can see some move.

Which company gives best return?

(Updated: 25-June-2022)

SL	Name	GMR Score
1	EQUIPPP	67.17
2	DEEPAKNTR	66.92
3	ALKYLAMINE	66.5
4	HCP Plastene	66.38

Why is ITC bullish?

ITC share price today is ₹249.95 per share levels on NSE. Speaking on the reason for being bullish on ITC shares; Edelweiss Wealth research report said, “A strong upside move of prices on the ratio chart of ITC/FMCG suggests a strong out-performance by the stock in the sector.

Is ITC undervalued?

Answer to your question is that the stock of ITC is very undervalued on the basis of the Intrinsic value it holds at this point in time. The company has a huge portfolio of products in its basket also the company is profitable at the moment.