Shares of India's largest cigarette maker ITC Ltd. fell the most in six years after the government imposed higher tax on tobacco products. ITC is India's largest cigarette maker, drawing 40% revenue ...
ITC's share price has been under pressure this year, largely due to British American Tobacco (BAT) selling its stake in the company, a 40% GST slab on “sin” goods, corrections in the FMCG sector, and ...
ITC share price fell over 5% on Friday, January 2, sliding to a 52-week low of ₹345.35, after the government announced a fresh excise duty on tobacco products, effective February 1. This comes after a ...
ITC shares plunge 15% as Nuvama downgrades after new excise duty shocks investors. The downward trend for ITC continues. Motilal Oswal has downgraded ITC to ‘Neutral’ after the government, in its ...
The shares of ITC dropped more than 5 percent on January 2, extending significant losses for the second consecutive session after the government imposed new excise duty on cigarettes, effective from ...
ITC Limited shares continued their decline on Friday afternoon, trading at ₹349.95, down 3.82 per cent from the previous close of ₹363.85, following an unprecedented government tax hike on cigarettes ...
“After a mostly down 2025 in terms of ITC activity, signs point to an upswing in the coming year.” For Section 337 investigations before the U.S. International Trade Commission (ITC), 2025 was a year ...
India's largest cigarette maker ITC Ltd. wiped out nearly $7 billion (~ ₹63,000 crore) in market capitalisation after the government's cigarette “tax shock” stoked concerns on profitability. ITC is ...
Taxation Trouble: ITC shares plummeted to a fresh 52-week low today after the government notified a substantial hike in excise duty. (Image: Canva) However, Jefferies is yet to make changes to the ...
The government's surprise hike in cigarette excise duties has rattled the investment case for ITC, prompting a wave of brokerage downgrades, earnings cuts and valuation resets as analysts brace for ...
With ITC shares falling 14% in two days, a value investor is reminded of why GQG Partners CIO Rajiv Jain saw the stock as "incredibly attractive" two years ago. ITC is a great growth story and is ...
Shares of conglomerate ITC Ltd fell nearly 10 per cent on Thursday, January 1, 2026 to hit a 52-week low of Rs 362.70 on the BSE. The counter started the trading session in the red at Rs 402.25 ...