ITC share price target 2026

Price target: support and resistanceComputed 27 Jun 2026

Levels are a structural band around the live spot 290, set at 3.5% either side for large cap volatility. The pivot tracks the live print; support and resistance re-derive on every end-of-day run.

These are structural reference lines, not a SEBI-registered price target. BazaarBaazi is independent media; the levels frame how the desk reads the ITC chart, refreshed every end-of-day run.

The Crack Score, and how it is built64 / 100 · Constructive

The Crack Score is a deterministic 0 to 100 conviction number. Here is exactly what moved it for ITC, so the figure is a transparent signal rather than a vibe.

Base 50, adjusted by the factors above and clamped to 0 to 100. How the Crack Score works.

About ITC LtdBusiness profile

What ITC actually does, and the edge that holds its position.

ITC is a cigarette cash machine quietly trying to become a consumer-goods company before regulation makes the cigarette part harder, and the stock is a bet on that race. Cigarettes still contribute the majority of profit and fund everything else, while the FMCG arm spans Aashirvaad atta, Sunfeast biscuits, Bingo snacks, Fiama and Savlon. Around that sit hotels across India and a paper, paperboard and packaging business, but the profit engine and the regulatory target are one and the same.

ITC's cigarettes business benefits from a quasi-oligopoly in legal cigarettes in India, giving it durable pricing power even in a regulated environment. The cash-generation from cigarettes has allowed ITC to build an FMCG portfolio that now generates meaningful standalone revenue, reducing the single-segment concentration over time.

The F&O viewHorizon · 1w

How the futures and options structure on ITC reads right now.

Near-money option writing carries a call-heavy PCR of 0.49 near the money (writers capping the upside), with the active cage between the 287 PE and the 295 CE, and the heavier open interest sits on the call side, so the upside is the wall the desk watches. Max-pain pulls toward 287, the level the writers' book is least exposed to into expiry. This is a structural read of the live option chain, not a derivatives trade recommendation.

Why it movedLatest editorial line

The most recent BazaarBaazi read on what is driving ITC.

ITC reports Thursday 2026-05-21 post-close, with cigarette volume growth (street at 4% to 5% YoY) the print that decides whether the FMCG basket holds its May leadership; implied move 2.1%.

Read in Hafte Ka Plan on 18 May 2026. Why ITC moved, the living explainer, tracks every move on one URL.

The 2026 to 2030 pictureStructural read

What genuinely drives ITC over a multi-year horizon. A structural read, not a price forecast.

The 2026 to 2030 horizon for ITC is shaped by two things: whether the FMCG segment reaches sustainable profitability and reduces dependence on cigarettes, and whether the hotels business can capture the India travel boom through asset-light expansion. The key risk is regulatory escalation on cigarettes, whether through steep duty hikes or graphic warning mandates, compressing the profit engine before the FMCG offset is large enough. What BazaarBaazi thinks: the cash flows are real and the diversification is genuinely progressing, but the one risk no score prices is a single line in the Union Budget, a sharp tobacco duty hike can hit the profit engine overnight in a way no technical setup will telegraph.

What to watch:

• Cigarette volume and net revenue per stick as the core profitability gauge
• FMCG segment EBIT margin progression toward sustainable profitability
• Hotels occupancy and average room rate as India's leisure travel grows
• Paperboard volume as a proxy for FMCG and e-commerce packaging demand
• Government tobacco duty escalation in Union Budget announcements

Peers and how to compare4 listed names

The listed names ITC is most often read against. Compare them on the same Crack Score and levels.

Live valuation readQ4 FY26 earnings · live spot

P/E, P/B, yield and the quality set for ITC Ltd, computed from the latest filed results times the live spot. The price-driven ratios (marked) refresh every session; ROE and margins hold until the next results.

Stored from ITC Ltd's filed results, as of 2026-06-22 and currency-checked. Price input Rs 290.00 from baked EOD spot. Open the calculator, move the price and watch every ratio react.

Latest filed resultsQ4 FY26

ITC Ltd's most recent quarter, parsed straight from the official NSE filing. Every figure links back to its primary source.

See every Q4 result the desk has read.

Earnings historyLast 8 quarters

ITC Ltd's official quarterly revenue, EPS and Result Pulse trail from the verified filings export. These are quarterly facts, not TTM valuation inputs.

What changed8 disclosures

Every recent official filing from ITC Ltd, straight from the exchange feed, with the BazaarBaazi Event Heat on the disclosure flow.

See what changed across the whole market.

Key fundamentalsEditorial reference

The anchor data BazaarBaazi references when reading the ITC chart. Not a substitute for a registered research note.

Reference chartLevels in show

The daily frame the desk reads on ITC.

FAQ14 reader questions · AEO-eligible

The line on ITC, distilled and schema-marked for AI Overview, Perplexity, and reader search.

Related stock views

The names BazaarBaazi reads alongside ITC, each a living view refreshed every end-of-day run.