ITC stock to stay under fire for now, after cigarette tax shock
What about the stock? ITC’s shares are down over 13% in the past two trading sessions, with the stock hitting a new 52-week low of 345.25 on Friday. This follows the stock’s 17% drop in 2025, which, to that extent, had made valuations cheaper. “The 2013-2021 period was a phase of high tax increases, which…