Highlights

  • ITC crosses ₹ 400 for the first time, becomes the top Nifty gainer in 1 year
  • ITC shares jump nearly 50% in the last one year
  • Most brokerage firms have 'Buy' rating for the stock

Latest news

OnePlus 15R first look: OnePlus changes the R-series playbook

OnePlus 15R first look: OnePlus changes the R-series playbook

India's retail inflation rises to 0.71% in November

India's retail inflation rises to 0.71% in November

Cabinet approves CoalSETU window for auction of coal to boost industrial use and export

Cabinet approves CoalSETU window for auction of coal to boost industrial use and export

Cabinet approves Minimum Support Price for Copra for 2026 season

Cabinet approves Minimum Support Price for Copra for 2026 season

Fire never left: Vinesh Phogat comes out of retirement, targets LA Olympics

Fire never left: Vinesh Phogat comes out of retirement, targets LA Olympics

Flexible office segment in India set to grow faster, over 25% annually by 2027: Report

Flexible office segment in India set to grow faster, over 25% annually by 2027: Report

Rahul Gandhi flags issue of air pollution, seeks discussion in Lok Sabha

Rahul Gandhi flags issue of air pollution, seeks discussion in Lok Sabha

Japan lifts tsunami warning after magnitude 6.7 quake

Japan lifts tsunami warning after magnitude 6.7 quake

ITC shares hit a new high; crosses ₹400 mark for the first time

For the first time, ITC has crossed ₹ 400 and has become top Nifty gainer in 1 year

ITC shares hit a new high; crosses ₹400 mark for the first time

Conglomerate ITC has hit a new high of Rs 400 for the first time. In the past one year, ITC shares have become the top Nifty gainer, rising about 48%.

As per Mint, the index heavyweight has been one of the top performers on the Street, rising nearly 19.81% on a year-to-date basis.

As per Economic Times, brokerage firm Sharekhan has a ‘buy’ rating on ITC with a target price of Rs 450, which shows an upside potential of 12.5% from the current market prices. So far in the current calendar year, ITC has rallied 20% while S&P BSE sensex has saw 2.2% decline.

According to data from Trendlyne, ITC has declared 25 dividends, since 3rd July 2001. In the past 12 months, ITC has declared an equity dividend amounting to ₹12.25 per share. As per BSE data, ITC's market cap is at ₹ 4.98 trillion and is now seen inching towards the Rs 5 trillion mark.

ADVERTISEMENT

Up Next

ITC shares hit a new high; crosses ₹400 mark for the first time

ITC shares hit a new high; crosses ₹400 mark for the first time

Microsoft commits USD 17.5 billion investment in India: CEO Satya Nadella

Microsoft commits USD 17.5 billion investment in India: CEO Satya Nadella

CBI books Anil Ambani's son, Reliance Home Finance Ltd. in Rs 228 crore bank fraud case

CBI books Anil Ambani's son, Reliance Home Finance Ltd. in Rs 228 crore bank fraud case

RBI raises FY26 GDP growth projection to 7.3 pc

RBI raises FY26 GDP growth projection to 7.3 pc

RBI trims policy interest rate by 25bps to 5.25pc, loans to get cheaper

RBI trims policy interest rate by 25bps to 5.25pc, loans to get cheaper

Rupee slumps to all-time low of 90.25 against US dollar in intra-day trade

Rupee slumps to all-time low of 90.25 against US dollar in intra-day trade

ADVERTISEMENT

editorji-whatsApp

More videos

Reliance completes merger of Star Television Productions with Jiostar

Reliance completes merger of Star Television Productions with Jiostar

India to lead emerging market growth with 7pc GDP rise in 2025: Moody’s

India to lead emerging market growth with 7pc GDP rise in 2025: Moody’s

Nifty hits record high after 14 months; Sensex nears all-time peak

Nifty hits record high after 14 months; Sensex nears all-time peak

Reliance stops Russian oil use at its only-for-export refinery to comply with EU sanctions

Reliance stops Russian oil use at its only-for-export refinery to comply with EU sanctions

ED attaches fresh assets worth over Rs 1,400 cr in case against Anil Ambani's Reliance Group

ED attaches fresh assets worth over Rs 1,400 cr in case against Anil Ambani's Reliance Group

India signs one-year deal to import 2.2 million tonnes of LPG from US

India signs one-year deal to import 2.2 million tonnes of LPG from US

India International Trade Fair begins at Pragati Maidan amid tight security

India International Trade Fair begins at Pragati Maidan amid tight security

Stock markets decline in initial trade on foreign fund outflows, weak Asian peers

Stock markets decline in initial trade on foreign fund outflows, weak Asian peers

Amazon to lay off 30,000 office workers amid AI-driven cost cuts

Amazon to lay off 30,000 office workers amid AI-driven cost cuts

US sanctions on Russian firms to hit Reliance; PSUs likely to keep buying Russian oil via traders

US sanctions on Russian firms to hit Reliance; PSUs likely to keep buying Russian oil via traders

Editorji Technologies Pvt. Ltd. © 2022 All Rights Reserved.