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Itc Share Price Today on : At 18 Sep 16:00 today, Itc shares are trading at price 507.05, -0.08% down from the previous closing price. Sensex is trading at 82948.23, down by -0.16%. The stock has hit a high of 512.35 and a low of 505.25 during the day.

On the technical front, the stock is trading above the 50,100,300 days SMA & lower than the 5,10,20 day SMA. The stock will have support at 50,100,300 days SMA & face resistance at 5,10,20 days SMA

The SMA values for the stock are given below :

The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at 511.4, 515.55, & 518.7, whereas it has key support levels at 504.1, 500.95, & 496.8.

Till 4 PM today, the volume traded on NSE & BSE for Itc was -39.81% lower than the previous trading session. Volume traded is an important indicator along with price to study trends. Positive price movement with higher volume suggests a sustainable upmove, and negative price movement with higher volume might be an indication of further decline in prices.

Overall, as per Mint technical analysis, The stock is showing initial signs of a trend reversal after a robust uptrend.

From a fundamental analysis perspective, the company has a ROE of 28.48% .The current P/E of the stock is at 31.06 .

The median 1-year forecasted upside in this share is at 6.26% with a target price of 538.77.

The company has a 0.00% promoter holding, 20.10% MF holding, & 14.96% FII holding as per filings in the june quarter.

The MF holding has decreased from 20.15% in march to 20.10% in the june quarter.

The FII holding has decreased from 15.44% in march to 14.96% in the june quarter.

Itc share price down -0.08% today to trade at 507.05 while its peers are mixed. Its peers such as are falling today, but its peers are on the rise. Overall, benchmark indices Nifty & Sensex are down -0.16% & -0.16% each respectively.

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Aniket Pujari

Blogger | Content Creator | Finance | Crypto | Internet things
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