ITC Share Price, Analysis & News

ITC (ITC) — Updated on 2026-06-22

ITC Limited is an India-based diversified conglomerate operating within the tobacco industry. The company's business segments encompass Fast Moving Consumer Goods (FMCG), Paperboards, Paper and Packaging, and Agri Business. Investors closely monitor the ITC share price to understand its performance across these varied sectors. The ITC business model integrates these diverse operations, influencing its overall financial health. Analysis of ITC's fundamentals, earnings reports, and broader sector trends provides insights into its market position and future prospects within the Indian economic landscape. The company's diversified approach aims to balance its traditional business with growth in consumer-oriented segments.

Overview Daily Weekly Quarterly

Key Takeaway

A bullish RSI upswing and MACD crossover signal potential upside, contrasting with recent fundamental weakness and a significant drawdown from its 52-week high.

Daily

2026-06-22

The stock's technical indicators present a mixed outlook, with a neutral trend as it trades below its 50-day and 200-day moving averages, yet a bullish MACD crossover suggests potential upward momentum. The RSI is at 49.24, indicating neutral momentum, while the price is positioned in the upper half of the Bollinger Bands.
Despite a neutral trend, the stock is trading significantly below its 52-week high, down by 31.51%, indicating substantial room for recovery. However, it remains comfortably above its 52-week low, up by 4.98%.
Fundamental analysis reveals a concerning trend in profitability, with revenue declining by 5.009% and net profit dropping by a significant 72.385% both quarter-over-quarter and year-over-year. The latest quarter revenue stood at ₹17,825 Cr.
Analyst sentiment leans positive, with a notable increase in 'Strong Buy' ratings over the past week, now accounting for 5 analysts. The overall distribution shows a majority of 'Buy' and 'Hold' ratings, indicating a generally favorable but cautious outlook from analysts.
Institutional investors, including FIIs and DIIs, continue to hold a dominant 83.98% stake in the company. However, there was a slight QoQ decrease of 1.03% in their combined holdings, primarily due to a 1.28% reduction by FIIs, while public shareholders increased their stake.
News highlights a bullish RSI upswing for ITC among 8 other stocks, as reported by The Economic Times, suggesting positive short-term technical momentum. This news, while general, points to a potential upward trend in the stock's trading indicators.

Open daily analysis

Weekly

Latest weekly signal

The stock price rose 2.61% this week, continuing a positive trend for the second consecutive week, driven by improving technical momentum and positive market sentiment.
Technical indicators show improving momentum with a bullish MACD crossover and a rising RSI to 51.19, despite the price remaining below key moving averages.
The stock's valuation metrics show a declining trend, with the PE ratio at 17.9x and PB ratio at 5.2x, down from previous periods.
Fundamental results for the Mar 2026 quarter showed a 9.0% QoQ increase in net profit but a significant 72.4% YoY decrease, with revenue also declining 5.0% YoY.
The company announced its 115th Annual General Meeting scheduled for July 23, 2026, and recommended a final dividend of Rs 8 per share.

Open weekly analysis

Quarterly

fy26-q4

ITC Ltd reported strong revenue growth of 17% year-over-year, indicating robust sales momentum. Net Profit declined significantly by 72% year-over-year to ₹5,470 Crores, reflecting substantial cost pressures. Expenses rose by 22% year-over-year to ₹17,348 Crores, driven by a near doubling of 'Other Expenses'. Finance costs increased by 167% year-over-year, further impacting profitability. Current borrowings saw a substantial increase of 2230% year-over-year, reaching ₹2,126 Crores.

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Price & Technical Structure

Short-term returns show a mixed picture with a 1-day decline of -0.44% and a 5-day gain of 1.15%.
The stock is trading below its 50-day and 200-day moving averages, indicating a neutral trend alignment.
Momentum is neutral with an RSI of 49.24, while MACD shows a bullish crossover.
The price is positioned at 63.09% of the Bollinger Band width, suggesting it is trading in the upper half of the bands.
The stock is trading 31.51% below its 52-week high and 4.98% above its 52-week low, with a current drawdown of -31.51%.

The stock exhibits a neutral trend, trading below key moving averages, but shows signs of bullish momentum with a MACD crossover. It is positioned in the upper half of its Bollinger Bands, indicating some upward price pressure within the current volatility. The price remains significantly below its 52-week high, suggesting substantial room for recovery, while also being comfortably above its 52-week low.

Weekly Momentum

The stock price rose 2.61% this week, continuing a positive trend for the second consecutive week, driven by improving technical momentum and positive market sentiment.
Technical indicators show improving momentum with a bullish MACD crossover and a rising RSI to 51.19, despite the price remaining below key moving averages.
The stock's valuation metrics show a declining trend, with the PE ratio at 17.9x and PB ratio at 5.2x, down from previous periods.
Fundamental results for the Mar 2026 quarter showed a 9.0% QoQ increase in net profit but a significant 72.4% YoY decrease, with revenue also declining 5.0% YoY.
The company announced its 115th Annual General Meeting scheduled for July 23, 2026, and recommended a final dividend of Rs 8 per share.

ITC's stock experienced a positive week, driven by a broader market rally fueled by a US-Iran ceasefire deal and improving technical momentum. Despite the recent price gains and a bullish MACD crossover, the stock remains below its 20-week and 50-week moving averages, indicating a weak underlying trend. Fundamental results for the Mar 2026 quarter presented a mixed picture with strong QoQ profit growth but a significant YoY decline, alongside decreasing revenue. Valuation metrics continue to trend downwards. Key upcoming events include the Annual General Meeting and continued investor engagement.

Quarterly Analysis

ITC Ltd reported strong revenue growth of 17% year-over-year, indicating robust sales momentum.
Net Profit declined significantly by 72% year-over-year to ₹5,470 Crores, reflecting substantial cost pressures.
Expenses rose by 22% year-over-year to ₹17,348 Crores, driven by a near doubling of 'Other Expenses'.
Finance costs increased by 167% year-over-year, further impacting profitability.
Current borrowings saw a substantial increase of 2230% year-over-year, reaching ₹2,126 Crores.

The quarter's performance was characterized by strong revenue growth being overshadowed by significant cost increases and a substantial decline in net profit. This indicates margin pressure driven by rising expenses, particularly 'Other Expenses' and finance costs, despite a healthy top-line.

ITC Ltd demonstrated strong top-line performance with Revenue from operations reaching ₹23,821 Crores for the quarter ended March 31, 2026. This represents a 17% increase compared to the same quarter last year and a 10% increase from the previous quarter. A negative change in inventories of ₹2,720 Crores suggests strong sales absorption or efficient inventory reduction.

Profitability was significantly impacted by a sharp rise in expenses. Total Expenses increased by 22% year-over-year to ₹17,348 Crores. 'Other Expenses' nearly doubled, rising by 108% year-over-year to ₹9,392 Crores. This substantial increase in operating costs put pressure on profit margins.

Finance costs also saw a significant increase, rising by 167% year-over-year to ₹29.2 Crores. This, combined with the surge in 'Other Expenses', contributed to the overall decline in Net Profit, which fell by 72% year-over-year to ₹5,470 Crores, despite a 9% increase quarter-over-quarter. The balance sheet also reflects a significant increase in current borrowings, up 2230% year-over-year to ₹2,126 Crores.