{"id":16207,"date":"2025-10-28T10:58:50","date_gmt":"2025-10-28T05:28:50","guid":{"rendered":"https:\/\/trending.niftytrader.in\/?p=16207"},"modified":"2025-10-28T11:01:23","modified_gmt":"2025-10-28T05:31:23","slug":"itc-share-price-rs450-target-bonus-dividend-split","status":"publish","type":"post","link":"https:\/\/www.niftytrader.in\/markets\/itc-share-price-rs450-target-bonus-dividend-split\/","title":{"rendered":"ITC Inches Toward \u20b9450 Mark: Analysts See Turnaround Potential"},"content":{"rendered":"

FMCG major ITC Ltd<\/a> has been trading steadily positive in recent sessions and now stands just \u20b931 away from the \u20b9450 mark. The large-cap blue-chip stock opened the week with mild gains and was seen trading around \u20b9417.05 apiece on the BSE, with a market capitalization of \u20b95,22,724.03 crore.<\/p>\n

At its intraday high of \u20b9418.95, 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\u2019s price-to-earnings (P\/E) ratio stood at 14.8x, and its return on equity (ROE) was reported at 48.24%.<\/p>\n

Analysts Turn Positive on ITC<\/h2>\n

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.<\/p>\n

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.<\/p>\n

Technical indicators also support the bullish outlook \u2014 the RSI has moved above 55, indicating improving momentum, while the MACD has turned positive, suggesting a shift in sentiment toward the bulls.<\/p>\n

Also Read<\/strong>: Marks & Spencer Ends Contract with TCS Months After Cyberattack<\/a><\/em><\/p>\n

Target Levels and Support Zones<\/h2>\n

Analysts noted that sustaining above \u20b9415 could open the door for a short-term rally toward \u20b9435\u2013\u20b9440 levels. On the downside, support lies near \u20b9405.<\/p>\n

They recommended accumulating ITC shares between \u20b9415\u2013\u20b9417 for an expected upside of \u20b9439\u2013\u20b9441, with a stop-loss below \u20b9400.<\/p>\n

Q2 FY26 Results in Focus<\/h2>\n

Investors are also eyeing ITC\u2019s 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.<\/p>\n

Strong Track Record of Rewards: Splits, Bonuses & Dividends<\/h2>\n

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