India’s largest cigarette maker ITC Ltd. wiped out about $7 billion in market value after a government tax hike on tobacco ...
The sharp selloff has wiped off around Rs 72,000 crore from the company’s market capitalization in just two days.
ITC's valuation is 'incredibly attractive' and the stock should see lower double-digit earnings as well, Jaim had said in ...
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New tax on cigarettes in 2026: ITC's tax outgo shows rising trend over last 8 yrs - Data decoded
The new excise duty on cigarettes will be levied over and above the goods and services tax. As per the new structure, ...
Life Insurance Corporation of India (LIC), a long-term investor and the second-largest shareholder in ITC Ltd, with 15.86 per ...
India's equity benchmarks ended largely unchanged in the first trading session of 2026, as gains in auto stocks offset a ...
Life Insurance Corporation of India has suffered a major loss at the start of 2026. The government’s decision to raise ...
LICs stake in ITC comes under pressure after the cigarette duty increase, with brokerages cutting ratings as shares fall and ...
ITC shares dropped over 5% on January 2, reaching a 52-week low of ₹345.35, following a government announcement of a new ...
A large trade also took place in ITC earlier in the day where over 4 crore shares changed hands in the transaction. The ...
India’s tobacco sector came under pressure after a sharp cigarette excise hike, sending ITC shares lower and prompting broker ...
For Section 337 investigations before the U.S. International Trade Commission (ITC), 2025 was a year of contrasts.
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