360 ONE sets INR 440 target for ITC stock

Published on 10/14/2026 at 10:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue was INR 80.87 billion in fiscal 2026. ITC stock costs INR 261.40 on October 14, 2026 at 1:36 p.m. IST, up 0.15 percent versus the NSE close.

Analyst target and company scale

360 ONE Capital Research set a target of INR 440 for ITC on October 2, 2026.
ITC reported gross revenue of INR 80.87 billion in fiscal 2026.
ITC stock costs INR 261.40 on October 14, 2026 at 1:36 p.m. IST, 0.15 percent above the NSE close.
ITC traded at a price-to-earnings ratio of 16.50, with market capitalization of INR 3.3 trillion.

ITC, INE154A01025, Illustration mit AI erstellt.

360 ONE Capital Research set a Buy rating and an INR 440 target for ITC on October 2, 2026, placing the target 68.32 percent above the NSE price of INR 261.40. The recommendation followed the view that pricing power could outweigh cigarette volume declines after recent tax increases, according to The Economic Times. ITC stock was at INR 261.40 on October 14, 2026 at 1:36 p.m. IST, up 0.15 percent versus the NSE close of INR 261.00.

Revenue and operating scale

ITC reported gross revenue of INR 80.87 billion and EBITDA of INR 25.21 billion for fiscal 2026 ended March 31, 2026. These figures come from the company's investor-relations page, which also describes operations across FMCG, packaging, paperboards and specialty papers, agribusiness and information technology, according to ITC.

The target and the operating figures point to two separate valuation questions. The first is whether price increases can offset weaker cigarette volumes; the second is whether the non-cigarette businesses can keep the revenue base diversified.

Price position on NSE

The NSE quote places ITC within a 52-week range of INR 253.15 to INR 426.40 as of October 14, 2026. The stock stood 3.26 percent above its 52-week low and 38.69 percent below its high, while the finance quote showed 12,952,770 shares traded against an average volume of 16,032,857.

The year-to-date return was minus 28.68 percent on the NSE as of October 13, 2026. That decline gives the INR 440 target a wide numerical gap, but the target is an analyst view rather than a forecast made in this article.

Valuation and peers

ITC had a price-to-earnings ratio of 16.50 and market capitalization of INR 3.3 trillion on October 14, 2026. Its trailing dividend yield was 0.06 percent. The valuation sits below the two consumer-staples peers listed below, although the businesses and earnings mixes are not identical.

Comparison with peers

ITC (NSE, INR): plus 0.15 percent, P/E 16.50, market capitalization INR 3.3 trillion.

Hindustan Unilever (NSE, INR): plus 1.09 percent, P/E 29.79, market capitalization INR 4.5 trillion.

Godrej Consumer Products (NSE, INR): minus 0.31 percent, P/E 46.28, market capitalization INR 886.3 billion.

Daily quote and investor frame

The numerical picture is therefore mixed: the share price remains 3.26 percent above its yearly low, the analyst target is 68.32 percent higher than the NSE price, and fiscal 2026 gross revenue stood at INR 80.87 billion. The next market test is whether the company can translate pricing action into steadier cigarette economics while maintaining scale in its other businesses.

Market context: Market report BSE Sensex.

More news and analyses on ITC stock