ITC Inches Toward ₹450 Mark: Analysts See Turnaround Potential

FMCG major ITC Ltd has been trading steadily positive in recent sessions and now stands just ₹31 away from the ₹450 mark. The large-cap blue-chip stock opened the week with mild gains and was seen trading around ₹417.05 apiece on the BSE, with a market capitalization of ₹5,22,724.03 crore.

At its intraday high of ₹418.95, ITC remained close to its recent levels after gaining over 2% in the past five sessions. Year-to-date, the stock has inched up by more than 0.5%. As per BSE data dated October 27, 2025, ITC’s price-to-earnings (P/E) ratio stood at 14.8x, and its return on equity (ROE) was reported at 48.24%.

Analysts Turn Positive on ITC

Brokerage SMC Global Securities has listed ITC among its top technical picks for the current week, highlighting signs of a potential turnaround after an extended consolidation phase.

According to analysts, ITC has broken above a descending trend line that had capped prices for several months, signaling the early stages of a trend reversal. The breakout, supported by moderate trading volumes, reflects renewed buying interest after a prolonged correction.

Technical indicators also support the bullish outlook — the RSI has moved above 55, indicating improving momentum, while the MACD has turned positive, suggesting a shift in sentiment toward the bulls.

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Target Levels and Support Zones

Analysts noted that sustaining above ₹415 could open the door for a short-term rally toward ₹435–₹440 levels. On the downside, support lies near ₹405.

They recommended accumulating ITC shares between ₹415–₹417 for an expected upside of ₹439–₹441, with a stop-loss below ₹400.

Q2 FY26 Results in Focus

Investors are also eyeing ITC’s Q2 FY26 financial results, scheduled for release on October 30, 2025. The board of directors will meet to consider and approve the Unaudited Standalone and Consolidated Financial Results, including segment-wise revenue, assets, liabilities, and cash flows for the six-month period ending September 30, 2025.

Strong Track Record of Rewards: Splits, Bonuses & Dividends

ITC remains one of the top rewarders among FMCG stocks, having consistently returned value to shareholders through stock splits, bonuses, and dividends.

• Stock Split: ITC has split its stock once in September 2005, with a 1:10 ratio, reducing the face value from ₹10 to ₹1.

• Bonus Issues: The company has announced three bonus issues: 1:2 in 2005, 1:1 in 2010, and 1:2 in 2016.

• Dividends: Since July 2003, ITC has distributed 29 dividends, with a current dividend yield of 3.43%. In the past 12 months, it paid up to ₹14.35 per share as a dividend.

This strong reward history continues to position ITC as one of the most shareholder-friendly companies in the FMCG sector.

About ITC Ltd

ITC Ltd is one of India’s leading private sector conglomerates, with diversified business interests in Fast-Moving Consumer Goods (FMCG), Paperboards and Packaging, Agri-Business, and Information Technology.

The company’s consistent performance and investor-friendly policies have kept it among the most trusted blue-chip stocks in India’s market.

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