Page 3 - Itc Share News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Shares of ITC extended their recent fall to the third straight session on Tuesday. The stock fell over 3% to hit an intraday low of Rs 455.40 on NSE. The slump comes after the FMCG major announced the much-awaited demerger of its hotels business under a scheme of arrangement. Watch this Visual Story to see if what this demerger means for shareholders. Also, check ITC Hotels expected share price, ITC share price target, and more.

ITC share price: The counter's 14-day relative strength index (RSI) came at 62.10. A level below 30 is defined as oversold while a value above 70 is considered overbought. The company's stock has a price-to-equity (P/E) ratio of 29.15. It has a price-to-book (P/B) value of 8.09.

ITC had announced a total dividend of Rs 11.50 per share in FY22 and Rs 10.75 per share in FY22. In value terms, ITC's FY23 dividend is almost three times that of Rs 6,469.48 crore dividend paid in FY22 and Rs 6,152.68 crore dividend paid in FY21.

ITC shares will turn ex-dividend on Tuesday, May 30, 2023, meaning the stock price will get adjusted for the dividend payout. ITC share price fell around 1% today to hit an intraday low of Rs 441 on NSE. Watch this Visual Story to check ITC dividend record date, payment date, and other details.

Despite a muted Q4 show amid lingering inflationary headwinds, the analyst community’s love affair with HUL has only increased.