ITC Ltd. Shows Short-Term Gains Amidst Broader FMCG Sector Trends

ITC Ltd., a prominent player in the FMCG sector with a market capitalization of Rs 5,18,854.38 crore, has shown notable activity today, aligning its performance with the broader sector trends. The stock has experienced a consecutive gain over the last four days, reflecting a 2% increase during this period. Currently, ITC's price is above its 5-day, 20-day, and 50-day moving averages, although it remains below the 100-day and 200-day moving averages.
In terms of financial metrics, ITC's price-to-earnings (P/E) ratio stands at 21.96, which is slightly lower than the industry average of 23.08. The company's performance over the past year has seen a decline of 15.64%, contrasting with the Sensex's modest drop of 1.52%. Over the last week, ITC has outperformed the Sensex, gaining 1.64% compared to the index's 1.23%.

Despite the recent gains, ITC's year-to-date performance remains negative at -9.46%, while the Sensex has risen by 4.56%. The stock's long-term performance shows a 138.11% increase over five years, outperforming the Sensex's 110.28% rise in the same period.