ITC Ltd. Approaches 52-Week Low Amid Broader Sector Declines and Market Trends

ITC Ltd., a prominent player in the Cigarettes/Tobacco industry, has shown notable activity today, trading close to its 52-week low, just 4% away from Rs 377.70. The stock's performance aligns with sector trends, reflecting a decline of 1.08% for the day, compared to a slight drop of 0.18% in the Sensex. Over the past week, ITC has experienced a decrease of 2.87%, while the Sensex fell by 2.21%.
Currently, ITC's trading metrics indicate it is below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The company boasts a market capitalization of Rs 4,92,053.26 crore and a price-to-earnings (P/E) ratio of 24.95, which is slightly above the industry average of 24.88. Despite recent challenges, ITC maintains a high dividend yield of 3.52%.

In terms of longer-term performance, ITC has shown resilience with an impressive 84.41% increase over the past three years and a remarkable 121.79% rise over the last five years, although its year-to-date performance reflects a decline of 14.04% compared to the Sensex's 6.64% drop.