Table of Contents
Is ITC Ltd a good stock to buy?
Past 10 year’s financial track record indicates that ITC Ltd is a good quality company. However, for specific investment actions please connect with your investment advisor. 2. Is current market price of ITC Ltd a good price to buy it?
What is the dividend yield of ITC stock?
For the year ending March 2019 ITC has declared an equity dividend of 575.00\% amounting to Rs 5.75 per share. At the current share price of Rs 249.15 this results in a dividend yield of 2.31\%. The company has a good dividend track report and has consistently declared dividends for the last 5 years.
What is the net profit of ITC?
Net Profit (Rs.) Net Sales (Rs.) ITC is one of India`s foremost private sector companies with a market capitalisation of US $ 45 billion and a turnover of US $ 7 billion. ITC ranks among India`s `10 Most Valuable (Company) Brands`, in a study conducted by Brand Finance and published by the Economic Times.
Is ITC stock an immovable asset?
ITC stock has been a major underperformer since March 2021. There have been many memes circulating with ITC being labelled as an “immovable asset”. It is interesting to see that so many investors or traders are now stuck in this stock and it is simply testing their patience.
Is ITC trend positive or negative for this week?
Itc trend for this week is positive, which means Itc target predictions on upside have a better chance. Itc targets for this week are 217.26, 240.24 on the upside, and 200.54, 181.74 on the downside.
What was the original name of ITC?
ITC was incorporated on August 24, 1910 under the name Imperial Tobacco Company of India Limited. As the Company’s ownership progressively Indianised, the name of the Company was changed to India Tobacco Company Limited in 1970 and then to I.T.C. Limited…
What does ITC’s return on equity look like?
A high return on equity means that ITC has few tangible assets which generate a significant amount of revenue. In order to maintain its current revenue and grow it in the future, the reinvestment in tangible assets is around 5\% of its revenue each year.