itc shares ITC shareholders may be losing patience after two years of underperformance, but market experts say the story isn’t over yet. Despite recent weakness, analysts see multiple triggers for a turnaround.
The FMCG business is scaling up, cigarettes continue to deliver stable cash flows, and the agri and paperboard divisions remain strong contributors. Meanwhile, ITC’s hotel spin-off has streamlined operations, and the company’s digital and exports strategy is gaining traction.
Analysts from leading brokerages have placed “Buy” ratings with price targets suggesting double-digit upside potential. Many believe that the stock’s attractive valuation, high dividend yield, and defensive characteristics make ITC one of the most reliable long-term picks in the Indian market.
