ITC shares in focus as stock hits 3-year low, brokerages downgrade after steep excise duty hike on cigarettes

ITC shares slid to a three-year low after a sharp tobacco tax hike triggered widespread brokerage downgrades. Analysts warn ...

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 ...

ITC shares fall 10%, Godfrey Phillips down 19% as govt imposes new excise duty on cigarettes

In December, the government approved a new law - the Central Excise (Amendment) Bill 2025 - that replaces a temporary levy on cigarettes and tobacco products.

Tax shock: ITC shares hits 3-year low after cigarette duty hike; what brokers fear next

ITC shares plummeted to a three-year low following a significant cigarette tax hike, prompting widespread analyst downgrades.

ITC under pressure, China’s silver power & nuclear enters India’s RE strategy | MC Editor's Picks

ITC’s stock is under pressure as higher tax on cigarettes kicks in, India needs to rethink its growing reliance on China for ...
Reuters

India's ITC says to keep cigarette factories shut over health warning rules

NEW DELHI (Reuters) - India's top cigarette maker ITC Ltd, part-owned by British American Tobacco, said it was not ready to print bigger health warnings on its packs as mandated by the government and ...
Seeking Alpha

British American Tobacco: The Hidden Value Of ITC Limited

British American Tobacco's massive stake in ITC Limited is an often overlooked catalyst that has the potential to significantly increase shareholder value. ITC Limited has been performing really well ...
Reuters

India's ITC raises cigarette prices again-report

NEW DELHI, March 16 (Reuters) - ITC Ltd , India's top cigarette maker, has increased prices by up to 20 percent following a duty hike in the federal budget, the DNA newspaper reported on Tuesday, ...