Taxation Trouble: ITC shares plummeted to a fresh 52-week low today after the government notified a substantial hike in excise duty. (Image: Canva) However, Jefferies is yet to make changes to the ...
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 ...
The shares of ITC have seen a significant plunge in two consecutive sessions after the government imposed new excise duty on cigarettes, effective from next month. Multiple brokerages have downgraded ...
Investing.com - JPMorgan has downgraded ITC Ltd. (NSE:ITC) from Overweight to Neutral and reduced its price target to INR375.00 from INR475.00 following the announcement of a sharp cigarette tax ...
ITC share price fell for the second consecutive session on Friday after the government notified amendments to the Central Excise Act, dragging the FMCG index to a nine-month low. The stock declined ...
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 ...
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The downward trend for ITC continues. Motilal Oswal has downgraded ITC to ‘Neutral’ after the government, in its recent notification, increased taxes on cigarettes, effective from February 1. The new ...
India's largest institutional investor, the Life Insurance of India (LIC) has lost Rs 10,445 crore in just two days from its investment in bluechip stock ITC, which plummeted 14% after the government ...
TIOBE Index for January 2026: Top 10 Most Popular Programming Languages Your email has been sent January’s TIOBE Index begins the year with familiar names still setting the pace, but the underlying ...