ITC Ltd. Shows Resilience Amidst Market Trends with Strong Long-Term Performance

ITC Ltd., a prominent player in the Cigarettes/Tobacco industry, has shown notable activity today, aligning its performance with sector trends. The stock has recorded a modest gain of 0.74% over the past two days, reflecting a consistent upward trajectory. Currently, ITC's price is above its 5-day and 20-day moving averages, although it remains below the longer-term 50-day, 100-day, and 200-day moving averages.
With a market capitalization of Rs 5,12,390.63 crore, ITC maintains a price-to-earnings (P/E) ratio of 25.67, slightly below the industry average of 26.06. The company also boasts a high dividend yield of 3.42%, appealing to income-focused investors.

In terms of performance metrics, ITC's one-year return stands at 1.78%, underperforming the Sensex, which has gained 3.33% in the same period. However, over a three-year horizon, ITC has significantly outperformed the Sensex with a return of 70.59% compared to the index's 28.79%. Despite recent challenges, including a year-to-date decline of 10.50%, ITC's long-term performance remains robust, showcasing a 143.46% increase over the past five years.