To invest in ITC shares, you can follow the steps mentioned below:
ITC is a well-established company with a diversified portfolio of businesses such as FMCG, hotels, paperboards, packaging, and agri-business.
The future of ITC stock depends on some of the below key factors:
ITCs net sales have increased from Rs. 48352.68 crores in the fiscal year ending March 2019 to Rs. 60668.09 crores in the fiscal year ending March 2022.
Below are some of the key factors that may influence the share price of ITC:
ITC has a diversified business model, with a strong presence in the FMCG, hospitality, paper and packaging, and agribusiness sectors. This diversification provides a hedge against risks in any one sector and enables the company to tap into various growth opportunities.It also has a strong distribution network and brand recognition in India, which positions the company well for future growth.
ITC stock has given a positive return of+121.53% over the past 3 years.
ITC has not yet announced its upcoming dividend. However, their last dividend (interim) was Rs.6 on 15th February 2023.
ITC has a strong history of paying dividends regularly to its shareholders. In the past, the company has typically declared dividends twice a year, i.e., an interim dividend and a final dividend. The interim dividend is usually announced in the middle of the financial year, while the final dividend is announced at the end of the financial year.
However, it's important to note that dividend payments are not guaranteed and are subject to various factors.