Shares of cigarette companies ITC and Godfrey Phillips slumped up to 19% in Thursday's trade (January 1), after the ...
This will be a clear negative as volumes will be impacted and concerns would also re-emerge on risk of losing some volumes to ...
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ITC shares see barrage of target price cuts from brokerages over higher cigarette tax — check full list
From Feb. 1 onwards, cigarettes are set to attract a tax of 40%, which serves as a major blow for ITC, where the cigarette ...
The shares of heavyweight ITC tumbled 10 percent on January 1 after the government imposed new excise duty on cigarettes, ...
A large trade also took place in ITC earlier in the day where over 4 crore shares changed hands in the transaction. The ...
ITC shares plunged 10% to their lowest level since January 30, 2023, on an intraday basis to ₹362.70. The Bloomberg report ...
Stay up-to-date with the ITC Stock Liveblog, your trusted source for real-time updates and thorough analysis of a prominent ...
ITC's share price has seen a 12% drop year-to-date, influenced by factors such as BAT's stake sale and a 40% GST slab on sin ...
The stock tumbled to its 52-week low after the government announced the date from which additional excise duty on tobacco ...
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ITC Share Price Target: Nuvama Downgrades Rating After Steep Excise Duty On Cigarettes
Nuvama estimates January sales and production of ITC to sharply expand and therefore report a lower impact in the March ...
Tobacco stocks fell sharply as ITC dropped over 6% and Godfrey Phillips 10%, following the government’s announcement of ...
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