Overview:

• ITC share price declined 0.64% to Rs. 417.95 in line with weakness in the broader market.

• The company declared dividends of Rs. 13.75 per share for FY 2024 and FY 2025.

• ITC's Board will decide on the delisting from the Calcutta Stock Exchange on October 30, 2025.

ITC share price dipped at press time even as the company declared multiple significant corporate events. The hotel giant announced the appointment of the Board of Directors, the dividend for FY 2024 and FY 2025 of Rs. 13.75 per share, and the company's Intention to voluntarily delist from the CSE (Calcutta Stock Exchange).

ITC share price was trading at Rs. 417.95 at the time of writing. It was down 0.64% from the previous day's closing price of Rs. 420.65. The stock opened slightly higher at Rs. 420.50 and failed to hold onto the gain, reaching a low of Rs. 416.25 and a high of Rs. 421.65 during the day. The company’s market cap is approximately Rs. 5.23 lakh crore, and traded roughly 8.1 million shares. Here’s a detailed ITC share price analysis based on Moneycontrol’s real-time data.

Appointment and Dividend Announcements

ITC has issued a succession of major announcements underlining its aggressive corporate governance policy and shareholder interest commitment. The company has appointed Chandra Kishore Mishra as an Independent Director for five years from September 14, 2024, and Siddhartha Mohanty as a Non-Executive Director, for LIC, for three years from January 1, 2025. Both appointments were backed by an overwhelming majority of shareholders, with almost 99.83% of the vote.

Moreover, ITC announced a final dividend of Rs. 7.50 per share in FY 2024 and an interim dividend of Rs. 6.50 per share in FY 2025. Hence, strengthening the company’s long-standing payout history. The aggregate dividend in FY 2024 is currently Rs. 13.75 per share, encompassing the interim dividend paid earlier.

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Employee Incentives and Capital Increase

Following its attention to welfare and retention of employees, ITC has allocated 8,98,540 ordinary shares from its employee stock option schemes during December 2024. The action raised the firm's total share capital to around Rs. 1,251.17 crore. In addition, the Board of the company has suggested introducing a new Employee Stock Appreciation Rights Scheme, with a limit of 2% of the company's total share capital. These programs reflect ITC's long-term approach of rewarding employee contribution while maintaining alignment with total shareholder value creation.

Potential Delisting from Calcutta Stock Exchange

One of the most significant developments is ITC's plan to voluntarily delist its shares from the Calcutta Stock Exchange. The Board will consider the proposal at its meeting on October 30, 2025, as revealed in a regulatory filing. The action fits with the company's overall goal of streamlining its listing framework, since its shares remain actively traded on the NSE and BSE, which collectively have almost all of its market liquidity.

Stock Performance and Valuation Metrics

Despite the marginal decline, ITC shares are fundamentally sound, backed by sound financials. The TTM (trailing twelve-month) EPS of the stock is Rs. 27.86, an increase of 69.65% on a year-on-year basis. On the other hand, its TTM P/E ratio of 15.01 reflects relatively undervalued position as against its sector P/E of 14.97. ITC stock’s P/B multiple of 7.48 is at the average level, whereas its dividend yield of 3.43% is good enough for income-oriented investors.

ITC share price chart on TradingView shows a loss of 0.56% as of 1.42 PM:

In the last one year, ITC share price has dropped 8.75%, although it has risen almost 167% in the last five years, indicating robust long-term performance. The stock has oscillated between a 52-week high of Rs. 493.45 and a 52-week low of Rs. 390.15.

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Investor Outlook

Analyst sentiment towards ITC stock is still very bullish. Of 33 analysts on Moneycontrol, 64% give the stock a Buy recommendation, 30% an Outperform recommendation, and just 3% each a Hold or Underperform recommendation.
While short-term volatility continues on account of profit booking and overall market volatility, ITC's stable dividends, strong earnings growth, and positive corporate governance ensure it is a consistent choice for long-term investors. The coming Board announcement regarding delisting and the company's ongoing priority for shareholder value could also impact stock action in the next few sessions.

FAQs

1. Why did ITC's share price decline today?

ITC's stock price fell 0.64% mainly because of moderate profit booking following recent gains. Even with healthy corporate reports, market sentiment was guarded in the face of larger market weakness and low intraday buying pressure.

2. What recent announcements did ITC make?

ITC announced the addition of new directors, Chandra Kishore Mishra and Siddhartha Mohanty-and the distribution of dividends for FY 2024 of Rs. 7.50 and for FY 2025 Rs. 6.50, in line with its strong focus on governance.

3. What does ITC's proposed delisting from the Calcutta Stock Exchange mean?

The Company's Board of Directors will be considering a voluntary delisting from the Calcutta Stock Exchange to simplify the Company's listing structure. ITC will still be listed on the NSE and BSE, thus providing full trading for investors.

4. How is ITC's financial position compared to peers?

ITC's financials remain solid, with a trailing EPS of Rs. 27.86, up 69.65% YoY. ITC has a P/E ratio of 15.01, which is undervalued in comparison to peers, and the stock has a dividend yield of 3.43% that can be attractive to long-term investors.

5. Is ITC a good stock to buy right now?

Analysts are positive on ITC. 64% of 33 analysts advise a 'Buy,' citing stable earnings, a high dividend payout ratio, and a diversified business strategy. It remains a favorite long-term investment choice despite temporary volatility.