itc tobacco share price MarketToday Shares of tobacco companies fell
Shares of tobacco companies fell on January 1 after the government imposed a new tax on cigarettes, making them costlier for an estimated 100 million smokers in India. The selling pressure was ITC price target slashed 26% on likely cigarette price hikes The Times of India ITC Share Price: ITC Short Term ! Business News ITC shares in focus as cigarette prices rise by nearly 30%. Brokerage firm Nomura predicts volume decline may not be sharp, but margin pressures could impact future growth. A key development for Cigarette Prices Likely To Be Hiked From Feb 1; ITC, Godfrey Phillips Share Price Take Big Hit Why ITC Share Price Is Falling Today: How Government Tax Changes Impact the Stock
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