ITDC Share Price Target Tomorrow 2024 To 2030 – Stock Market Update

India Tourism Development Corporation Ltd (ITDC) is a public sector company owned by the Government of India. It plays a key role in promoting tourism across the country by developing and managing various tourist destinations and hospitality services. ITDC operates several hotels, duty-free shops, and restaurants, offering services that cater to both domestic and international tourists. ITDC Share Price on NSE as of 14 December 2024 is 643.65 INR. Here will provide you more details on ITDC Share Price Target 2024, 2025, 2026 to 2030.

India Tourism Development Corp Ltd: Market Overview

• Open Price: ₹655.00
• High Price: ₹655.00
• Low Price: ₹637.00
• Previous Close: ₹653.95
• Volume: 26,194
• Value (Lacs): ₹169.33
• VWAP: ₹644.60
• UC Limit: ₹784.70
• LC Limit: ₹523.20
• P/E ratio: 79.74
• Div yield: 0.39%
• 52-wk high: ₹930.80
• 52-wk low: ₹426.20
• Mkt cap: ₹5.52KCr
• Face Value: ₹10

ITDC Share Price Chart

ITDC Share Price Target Tomorrow 2024 To 2030

ITDC Share Price Target 2024

ITDC share price target 2024 Expected target could be ₹932. Here are four key factors that could influence the growth of India Tourism Development Corporation Ltd (ITDC) share price target for 2024:

1. Recovery in Tourism: The revival of both domestic and international tourism post-pandemic can drive higher demand for ITDC’s hospitality services, including hotels, restaurants, and tourism infrastructure.
2. Government Initiatives: Government policies aimed at promoting tourism, such as the “Dekho Apna Desh” initiative or improved infrastructure, can lead to higher footfall at ITDC-managed sites, boosting revenue.
3. Expansion of Hotel Portfolio: The company’s efforts to expand its hotel and resort properties in key tourist locations can help increase market share and attract more travelers, contributing to growth.

4. Brand Strength and Strategic Partnerships: Collaboration with global tourism brands or leveraging ITDC’s reputation in the government sector can improve service offerings and attract more tourists, leading to higher revenues and growth potential.

ITDC Share Price Target 2025

ITDC share price target 2025 Expected target could be ₹1140. Here are four key risks and challenges that could impact India Tourism Development Corporation Ltd (ITDC) share price target for 2025:

1. Economic Fluctuations: Any economic slowdown, high inflation, or rise in fuel prices could reduce disposable income, affecting both domestic and international travel demand, which could negatively impact ITDC’s revenue.
2. Intense Competition: The growing competition from private players in the hospitality and tourism sector, including budget hotels and online travel agencies, could impact ITDC’s market share and profitability.
3. Regulatory and Policy Changes: Changes in government regulations, taxes, or policies related to tourism and hospitality could create operational challenges and affect ITDC’s cost structure and profitability.

4. Dependence on Government Funding: As a public sector company, ITDC’s financial performance may be influenced by government budget allocations and the government’s focus on tourism projects, which can be subject to political or fiscal constraints.

ITDC Share Price Target 2030

ITDC share price target 2030 Expected target could be ₹2170. Here are four key risks and challenges that could impact India Tourism Development Corporation Ltd (ITDC) share price target for 2030:

1. Long-term Economic Downturn: A prolonged economic slowdown or global recession could dampen both domestic and international travel demand, leading to lower occupancy rates and reduced revenue for ITDC’s hotels and services.
2. Changing Tourism Trends: Shifts in consumer preferences, such as a growing demand for sustainable travel or alternative accommodations like Airbnb, could reduce the attractiveness of ITDC’s traditional offerings.
3. Government Budget Constraints: ITDC is heavily reliant on government policies and funding for various tourism projects. Any budget cuts or reduced government focus on tourism infrastructure development could limit growth opportunities.

4. Environmental and Regulatory Pressures: Increasing environmental regulations and the need for sustainable practices in the hospitality industry may lead to higher operational costs and require significant investments, potentially impacting profit margins.

Shareholding Pattern For India Tourism Development Corp Ltd

• Promoters: 87.03%
• Retail and Others: 11.18%
• DII: 1.80%

India Tourism Development Corp Ltd Financials

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