Mint

ITC share price down 12% year-to-date; should investors buy, sell, or hold this value stock?

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 ...
Hindustan Times

ITC shares plunge most in six years after India raises tobacco, cigarette tax

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 ...
Mint

ITC share price extends losses, falls 5% to hit 52-week low on higher tobacco tax - Should you still buy?

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 ...
moneycontrol.com

ITC shares fall 5% to fresh 52-week low on multiple rating downgrades: Check latest target prices

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 ...
moneycontrol.com

ITC shares crash 10%: Rajiv Jain's GQG, PPFAS are among leading institutions to have over 1% stake in the firm

ITC shares fell 10 percent after new excise duty on cigarettes was announced Mutual funds and LIC hold major ITC stakes Excise duty hike may impact ITC's margins and cause stock price volatility ...
Business Line

ITC shares plunge 3.8% as brokerages slash targets after unprecedented cigarette tax hike

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 ...
The Financial Express

ITC slides 15% in 2 days: Is India’s favourite dividend king ITC, still a ‘Buy’?

ITC share price plunges 15% after excise duty shock; Nuvama cuts target citing tax headwinds. (Image: AI, Canva) For years, ITC has been the “safe haven” for Indian retail investors, prized for its ...
Bloomberg L.P.

India’s ITC Sheds $7 Billion as ‘Tax Shock’ Triggers Rating Cuts

India’s largest cigarette maker ITC Ltd. wiped out about $7 billion in market value after a government tax hike on tobacco products triggered a wave of brokerage downgrades. Shares of the firm fell as ...
Business Today

ITC shares set to close lower for first time in five years, here's why

Shares of ITC are set to end the year 2025 on a negative note for the first time in five years. The FMCG stock slipped 12% in 2020. Since then, the stock had been closing in the green annually. In ...
The Free Press Journal

ITC Shares Crash Over 10%, Lower Circuit Hits Stock, Excise Duty Hike Sparks Sell-Off

New Delhi: Shares of ITC Limited tumbled nearly 10 percent on the first trading day of 2026, reaching the lowest levels in almost two years. The dramatic fall was driven by the government’s ...
The Free Press Journal

Why Did ITC Stock Slide Sharply After Hitting Lower Circuit, Here's How Tax Hikes & Rating Downgrades Worrying Investors?

Mumbai: ITC Limited shares saw sharp selling pressure after the government announced a fresh increase in excise duty on cigarettes. On January 2, the stock fell more than 5 percent and touched a new ...
India TV

Why is ITC share falling today? Stock dips nearly 10%, check details here

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 ...