Friday, November 15, 2024

Itc Share Price Today on : Itc share are down by -1.81%, Nifty down by -0.15%

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Itc Share Price Today on : At 24 Oct 16:00 today, Itc shares are trading at price 471.85, -1.81% down from the previous closing price. Sensex is trading at 80065.16, down by -0.02%. The stock has hit a high of 482.95 and a low of 470 during the day.

On the technical front, the stock is trading above the 300 days SMA & lower than the 5,10,20,50,100 day SMA. The stock will have support at 300 days SMA & face resistance at 5,10,20,50,100 days SMA

The SMA values for the stock are given below :

The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at 479.37, 486.43, & 490.47, whereas it has key support levels at 468.27, 464.23, & 457.17.

Overall, as per Mint technical analysis, The stock’s continued downtrend suggests a bearish trend is underway..

From a fundamental analysis perspective, the company has a ROE of 28.48% .The current P/E of the stock is at 29.38 .

The median 1-year forecasted upside in this share is at 15.29% with a target price of 544.00.

The company has a 0.00% promoter holding, 19.92% MF holding, & 15.07% FII holding as per filings in the september quarter.

The MF holding has decreased from 20.10% in june to 19.92% in the september quarter.

The FII holding has increased from 14.96% in june to 15.07% in the september quarter.

Itc share price down -1.81% today to trade at 471.85 while its peers are mixed. Its peers such as Godfrey Phillips India, VST Industries, NTC Industries are falling today, but its peers Golden Tobacco are on the rise. Overall, benchmark indices Nifty & Sensex are down -0.15% & -0.02% each respectively.





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