#targetprice
Goldman Sachs Sets Rs 500 Target for ITC After Demerger
Goldman Sachs has set a target price of Rs 500 per share for ITC Ltd. following the company's recent demerger, citing strong potential for profitability growth and the expansion of its consumer business. The brokerage firm highlighted a steady recovery in the cigarette business, predicting healthy earnings growth from fiscal 2023-25. The target represents an upside of 13% from the stock's previous close. ITC shares saw a nearly 6% adjustment in a special pre-open session on
Goldman Sachs Sets Rs 500 Target for ITC After Demerger
Goldman Sachs has set a target price of Rs 500 per share for ITC Ltd. following the company's recent demerger, citing strong potential for profitability growth and the expansion of its consumer business. The brokerage firm highlighted a steady recovery in the cigarette business, predicting healthy earnings growth from fiscal 2023-25. The target represents an upside of 13% from the stock's previous close. ITC shares saw a nearly 6% adjustment in a special pre-open session on









