Brokerages bearish on ITC as excise duty on cigarettes may hit earnings growth, slash target prices by up to 34%

The sharp selloff has wiped off around Rs 72,000 crore from the company’s market capitalization in just two days.

ITC Share Price Highlights: ITC Stock Price History

Stay informed with the ITC Stock Liveblog, your comprehensive resource for real-time updates and in-depth analysis of a ...

Largest Indian Cigarette Maker ITC Plunges on Higher Tobacco Tax

Shares of ITC Ltd. plunged the most in nearly six years after a higher levy on tobacco products by the government fueled concerns about its impact on India’s largest cigarette maker.
Analytics Insight

ITC Shares Fall 4% as Cigarette Excise Duty Hike Erases Rs. 70,000 Cr Market Value

ITC shares faced strong selling pressure after the government announced a steep hike in cigarette excise duty. The stock ...

ITC hit by cigarette tax shock! Brokerages downgrade stock as hike darkens outlook. Should you buy, sell or hold?

The government's surprise hike in cigarette excise duties has rattled the investment case for ITC, prompting a wave of brokerage downgrades, earnings .
ET Now on MSN

Can ITC stock break past Rs 400-mark again? Analyst view

Market expert said that Gaurav Sharma said that negative impact of tax hike has already been factored in and he sees very ...

ITC tanks 15% in 4 days, hits 33-month low after tax hike on cigarettes

A sharp decline in stock price of ITC has seen ₹75,675 crore market capitalisation erosion of the company in the past four ...
IPWatchdog

ITC 2025 Year in Review: A Momentous Shift, but the Impact Remains Pending

For Section 337 investigations before the U.S. International Trade Commission (ITC), 2025 was a year of contrasts.