Will ITC share price go down?

Will ITC shares go down?

ITC share price today has crashed over 2.5 per cent during the opening session today. It went down to 214.25, which was Rs 5.80 lower from its previous close on 1st April, 2021. According to stock market experts, ITC stock price crash is due to the fresh fears of rising COVID-19 cases across the nation.

Is it good to buy ITC shares now?

ITC may be an excellent option for dividend investors who want to reduce their downside risk, but it is not a strong choice for growth investors who want to outperform the market. At 12.45 pm, shares of ITC were trading at Rs 210.05, lower by 2.44% on NSE.

Why are ITC shares dropping in 2020?

Shares of consumer goods giant ITC fell over 2 per cent on Wednesday after the company reported weaker net profit for the March (Q4FY21) quarter. … The FMCG, cigarette and hotel major reported a year-on-year net profit of Rs 3,748.41 crore for the March quarter on Tuesday.

Will ITC issue bonus shares in 2021?

It will give it when the price will be trading at good levels. No sure what kind of policies they follow. But if the shares rises above Rs 300 or something like around Rs 350 or 400, then chances of any bonus will be higher. If the stock remain around Rs 200 in 2021 also, then chances of any bonus are highly unlikely.

IMPORTANT:  Can a private company have share capital?

Is ITC a zero debt company?

Company is almost debt free. Stock is providing a good dividend yield of 5.12%.

Is ITC a good long term investment?

ITC is another stock being recommended by broking firm Motilal Oswal. The firm has set a solid target of Rs 265 on the stock, against the current market price of Rs 214. Many analysts are also recommending the shares of ITC for the dividend yield that it could offer in the coming years.

Is ITC undervalued?

ITC is the second largest FMCG company after Hindustan Unilever (NS: HLL ) Limited (HUL) in terms of market capitalization, it also has great free cash flow abilities, and it is one of the undervalued stocks in the FMCG sector when compared to its competitors.

Does ITC give dividend?

For the year ending March 2021 ITC has declared an equity dividend of 1075.00% amounting to Rs 10.75 per share. At the current share price of Rs 211.45 this results in a dividend yield of 5.08%.

ITC Ltd.

Announcement Date 13-05-2019
Ex-Date 22-05-2019
Dividend Type Final
Dividend (%) 575
Dividend (Rs) 5.75

Which is best stocks to buy?

Best Stocks to Buy According to Steven Baughman’s Divisar Capital

  • TTM Technologies, Inc. (NASDAQ: TTMI) …
  • Photronics, Inc. (NASDAQ: PLAB) …
  • Box, Inc. (NYSE: BOX) …
  • Ultra Clean Holdings, Inc. (NASDAQ: UCTT) …
  • Tilly’s, Inc. (NYSE: TLYS)

Will ITC give bonus?

THE ITC board has cleared the company’s proposal to issue bonus shares in the ratio of 1:2. … The proposed stock spilt will see every Rs 10 paid-up ordinary share of ITC get sub-divided into 10 shares of Re 1 each.

IMPORTANT:  How do I turn off Samsung profile sharing?

Is ITC a bonus candidate?

ITC Ltd. has given 3 bonuses since Sept. 21, 2005. The last Bonus that ITC Ltd. anoununced was in the ratio 1:2 with ex-date of July 1, 2016.

Is ITC declared bonus?

You can view Announcement Date, Record Date, Ex-Bonus Date and Bonus Ratio history of ITC Ltd.


Bonus History 20/05/2016
1 : 2
Investments are simple