FMCG Stock To Buy For Short Term, Check Returns & Share Price Target For ITC

Stocks to Buy: Domestic stock markets had a flat start on Tuesday (September 3). There is movement in selected shares on technical charts. Brokerage firm Motilal Oswal has made the veteran FMCG company ITC a technical pick. Brokerage has advised to buy ITC with a perspective of 2-3 days.
Brokerage firm Motilal Oswal has made veteran FMCG company ITC a technical pick. Brokerage has advised to buy ITC with a perspective of 2-3 days.
ITC Share Price Target For 2 to 3 Days
Brokerage house Motilal Oswal has made ITC a technical pick. It is advisable to buy this stock for the next 2-3 days. 
Brokerage firm kept the share price target at Rs 530. On September 2, 2024, the share closed at Rs 510. In this way, the stock may rise by 4-5 percent from the current price, according to the brokerage predictions.
ITC Shares Climbed 20% In 3 months
Trading in ITC started in the green on Tuesday and within a short time the stock made a new 52-week high. This stock has jumped 3 percent in the last one month. At the same time, the stock has given 25 percent return in 6 months and about 20 percent return in 3 months.  
The 1 year return of the stock is 16 percent. The stock is up 10 percent so far in 2024. The 52 week high of the share on BSE is 516 and low is 399.30. The market cap of the company is more than Rs 6.43 lakh crore.
(Disclaimer: The information provided in this article is for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.)