The sharp selloff has wiped off around Rs 72,000 crore from the company’s market capitalization in just two days.
The shares of ITC extended significant losses for the second consecutive session after the government notified new excise ...
India’s largest cigarette maker ITC Ltd. wiped out about $7 billion in market value after a government tax hike on tobacco ...
Shares of cigarette companies ITC and Godfrey Phillips slumped up to 19% in Thursday's trade (January 1), after the ...
Shares of ITC Ltd. plunged the most in nearly six years after a higher levy on tobacco products by the government fueled ...
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 dropped over 5% on January 2, reaching a 52-week low of ₹345.35, following a government announcement of a new ...
Analysts at Prabhudas Lilladher said the cigarette excise opens a "pandora’s box" and they estimate 23-50% hike in prices of ...
ITC shares drop 3.8% as brokerages cut targets following a significant cigarette tax hike, marking a 28.44% annual decline.
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 ...
LIC has incurred losses of over Rs 10,400 crore in just two days as ITC shares plunged 14% following a steep excise duty hike ...
Stay up-to-date with the ITC Stock Liveblog, your trusted source for real-time updates and thorough analysis of a prominent ...