ITC.NS ITC Limited NSE pre-market 30 Jan 2026: Q3 results shape price targets
ITC.NS stock opens pre-market at INR 321.15 after the company posted January-quarter numbers that reset near-term expectations. The market is parsing a mixed set of results reported on 29 January 2026 and assessing FMCG margin direction against the tobacco cash engine. Volume is already elevated at 28,400,238 shares versus an average of 21,314,427. We focus on earnings drivers, valuation moves, technical signals and Meyka AI’s model forecasts to frame short- and medium-term trade ideas for ITC Limited on the NSE in India.
ITC.NS stock: Earnings snapshot and core metrics
ITC Limited reported its earnings on 29 Jan 2026, which is central to pre-market pricing. Reported EPS stands at 16.12 and the intraday PE printed at 19.76. Net income growth for the trailing fiscal year rose sharply, and the company reported a strong dividend per share of 14.35 INR. Analysts and investors are focusing on margin mix between cigarettes and non-cigarettes businesses as the key earnings driver.
Price action and trading context on the NSE
Pre-market price sits at INR 321.15 with a day low/high range of 319.35 / 323.70. Year high is INR 471.50 and year low is INR 317.85, showing recent consolidation well below the 50-day average of INR 375.67 and the 200-day average of INR 405.16. Trade volume at 28,400,238 already outpaces the average of 21,314,427, linking earnings flow to heavier selling and rotation into defensive sectors.
Valuation, cash returns and sector comparison
On headline measures ITC.NS shows a PE near 19.76, while Meyka key-metrics flag a model PE of 11.48 on a TTM basis. The stock yields 4.47%, ahead of many consumer-defensive peers. Compared with the Consumer Defensive sector average PE of 35.71, ITC appears cheaper on headline multiples, but elevated price-to-book at 5.66 raises questions on book valuation. Investors should weigh dividend yield against slower non-tobacco margin recovery.
Technical read: short-term oversold, key levels to watch
Momentum indicators show deep oversold conditions: RSI 13.70, Stochastic %K 6.98, and Williams %R -93.45. The nearest technical resistance is the 50-day average at INR 375.67 and the 200-day average at INR 405.16. Support is visible near the session low INR 319.35 and the year low INR 317.85. Traders should note an ADX of 30.16 signalling a strong trend and ATR of 7.82 for expected intraday range.
Meyka AI grade and forecast model for ITC.NS
Meyka AI rates ITC.NS with a score out of 100: 78.16 (Grade B+, Suggestion: BUY). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects a monthly target of INR 287.53, a quarterly target of INR 324.73, and a yearly target of INR 515.38. Forecasts are model-based projections and not guarantees.
Opportunities and key risks for earnings-driven investors
Opportunity: strong cigarette cash flow and a 4.47% dividend yield provide an income anchor while FMCG growth scales. Risk: slower-than-expected margin recovery in FMCG and paperboard segments could pressure EPS. Regulatory risks in tobacco and inventory seasonality in FMCG can amplify volatility. For primary sources and technical context see market commentary on Investing.com and holdings data on StockAnalysis source source.
Final Thoughts
Key takeaways for ITC.NS stock in the pre-market on 30 Jan 2026: the January-quarter print has tightened the near-term trade range and raised debate on whether non-tobacco margins can re-accelerate. At the current price of INR 321.15, Meyka AI’s model shows a monthly downside to INR 287.53 (-10.47%), a quarterly base at INR 324.73 (+1.12%), and a yearly upside to INR 515.38 (+60.48%). The stock combines a defensively high dividend yield of 4.47% with deeply oversold technicals (RSI 13.70). Our view: short-term traders should respect the oversold bounce potential and resistance at INR 375.67, while longer-term investors can consider the stock if earnings mix improves and the company sustains free-cash growth. Meyka AI, an AI-powered market analysis platform, provides these model outputs as inputs to investor research; forecasts are model-based projections and not guarantees.
FAQs
What is the current price andEPS for ITC.NS stock?
Pre-market price is INR 321.15 and reported EPS for the quarter is 16.12. The stock’s intraday range is 319.35 – 323.70 and average volume is 21,314,427 shares.
What targets does Meyka AI give for ITC.NS stock?
Meyka AI’s forecast model projects INR 287.53 (monthly), INR 324.73 (quarterly) and INR 515.38 (yearly). These are model-based projections and not guarantees.
Is ITC.NS stock a buy after the Q3 report?
Meyka AI grades ITC.NS B+ (BUY) factoring in sector position, cash returns and growth metrics. Investors should weigh income from a 4.47% yield against risks in FMCG margin recovery.
Which technical levels should traders watch for ITC.NS stock?
Short-term resistance sits at the 50-day average INR 375.67 and 200-day average INR 405.16. Support is near INR 317.85. RSI and other momentum indicators show oversold conditions.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
