ITC Share Price History from 1990 to 2023

In this article, you will find the details of ITC Share Price History. Additionally, we will provide important fundamental details about ITC Shares.

ITC Share Price History

In 1990, ITC’s shares began at a modest price of ₹0.81. Over the next decade, the company witnessed impressive growth. By 1991, its share prices jumped almost 300%, and the good times continued. Throughout the 1990s, ITC’s shares climbed higher, even doubling in value in 1997. However, like all journeys, this one had its bumps. 1995, the price dipped by 34%, and in 1999, it saw another drop. Yet, the new millennium brought renewed vigour, with the share price peaking at ₹115.69 by 2010, marking a significant growth from its starting point.

However, the subsequent decade tested ITC’s resilience. From 2015 to 2020, the shares faced a series of challenges, with prices tumbling down by 15.7% in 2019 and another 12.1% in 2020. But as history has shown, ITC is not one to back down. In a turn of events, the company saw a grand revival in 2022, with its share price surging by 52.1%. By 2023, the value stood proudly at ₹435.90, showcasing the company’s enduring spirit and capacity to bounce back.

Also Read: SBI Share Price History from 1995

About ITC

ITC is a big company based in India with a history of over 100 years. It started as the “Imperial Tobacco Company of India Limited” and was mainly focused on cigarettes. However, as time passed, ITC expanded its work into many different areas. Today, while they still make tobacco products, they also have businesses in hotels, food, paper, and technology.

One of the cool things about ITC is how diverse it is. If you’re buying packaged foods from a store, ITC might have made some of them. They also make paper products and have a strong presence in the technology sector. Over the years, ITC has built a name for itself as a trustworthy and responsible company, caring not just about profits but also society and the environment.

Fundamentals of ITC

Here are some primary fundamental data about ITC (until 2023):

Market Capitalization: The company has a market capitalization of ₹ 42,803 Cr. This means the total value of all the company’s outstanding shares is ₹ 42,803 Cr. Market capitalization gives an indication of the company’s size in the market.

Current Stock Price: The stock is currently trading at ₹ 31.8. The price of a stock can give you an idea about the market’s perception of the company’s future growth potential.

52 Week High/Low: Stock’s highest price in the past year was ₹ 34.1, while the lowest was ₹ 6.95. This range can provide insights into the stock’s volatility and investor sentiment throughout the year.

Stock P/E (Price-to-Earnings Ratio): The stock has a P/E ratio 148. The P/E ratio indicates how much investors will pay for a company’s earnings. A high P/E ratio might suggest that the market expects high future growth, but it can also mean the stock is overvalued.

Book Value: The book value per share is ₹ 0.88. This is the company’s value if it were to be liquidated today. When you compare the book value to the current stock price, you get a P/B (Price-to-Book) ratio of 36.1, suggesting that the market values the company at 36.1 times its book value.

Dividend Yield: The company doesn’t provide dividends, as its dividend yield is 0.00%. This might mean the company is reinvesting all its profits into the business for growth.

ROCE (Return on Capital Employed): The company has a ROCE of 20.8%. This percentage shows how efficiently the company uses its capital to generate profits. A higher ROCE is generally seen as a positive sign.

ROE (Return on Equity): The data for Return on Equity (ROE) is not provided. ROE indicates how well a company generates profit from its shareholders’ investments.

Face Value: The face value of the company’s stock is ₹ 2.00. This is the nominal value of the stock and doesn’t necessarily reflect its market price.

EPS (Earnings Per Share): The company has an EPS of ₹ 0.42. This indicates the amount of profit attributed to each share of the company. A higher EPS usually suggests better financial health.

Debt: The company has a debt of ₹ 1,938 Cr. Debt can be useful for a company to finance its operations, but monitoring the debt-to-equity ratio, which stands at 1.76, is essential. This means for every rupee of equity, the company has ₹1.76 in debt.

Promoter Holding: The promoters hold 13.3% of the company. This indicates how much stake the company’s promoters have in the business. A higher promoter holding can be seen as a sign of confidence by the promoters in the company’s future.

(Disclaimer: The information is presented ‘as is’ and is intended solely for educational and informational purposes, not for trading decisions or professional advice. We strongly advise conducting your own thorough research before making any investment.)

Questions and Answers about ITC