After rising over 4% last week, ITC shares are witnessing some profit booking. The FMCG stock declined by almost 1% in intraday trade on Monday, February 23, despite positive market sentiment. ITC share price opened unchanged at ₹327 against its previous close, and dropped 0.80% to an intraday low of ₹324.40 on the NSE. Meanwhile,…
Cigarette stocks, which went up in smoke at the start of the new calendar year following a steep excise duty hike, have since rebounded. This turnaround has been sparked by reports that companies like ITC are looking to increase the cigarette prices in the range of 20-40% to mitigate the impact of such tax hikes….
Authored by: Kumar Surya Updated Feb 18, 2026 12:31 IST Cigarette Stocks: ITC may soon increase the prices of its cigarettes by 20-40%… highlights Cigarette companies including ITC can increase cigarette prices by 20-40%. According to the report of ET Now, cigarettes are going to become costlier under the new tax rules. After the news,…
Shares of cigarette manufacturers ITC, Godfrey Phillips India and VST Industries surged up to 11% on Wednesday, February 18, extending their winning run amid reports of price hikes. Several media reports stated that these companies have raised prices to offset the impact of the excise duty increase. The price hikes are expected to limit the…
Godfrey Phillips, VST Industries, and ITC shares extended their losing run to the second straight session on Monday, February 02, falling 8%, 2.7%, and 2.4% respectively, following a minimum. ₹22–25 Hike in cigarette prices per pack of 10 sticks on the implementation of additional excise duty from Sunday. Earlier in January, the government imposed an…
Tobacco stocks crash: After the new tax rules, there was a sharp fall in the shares of cigarette companies on Monday. In fact, after the government implemented the new tax structure from February 1, 2026, the prices of cigarettes suddenly increased, due to which there has been increased concern among investors. The increase in excise…
Dividend-paying companies do not attract the same attention in such phases. They tend to be ignored when growth stories dominate the narrative. Yet, dividends do something important. They put cash in the investor’s hands, reducing the need to time market cycles. The quality of a dividend matters. It needs to come from operating cash flows,…
ITC Share Price Target: Veteran FMCG company ITC announced its financial results for the third quarter of financial year 2025-26 after the stock market closed on Thursday, January 29. (ITC Q3 FY26 Results) Results declared. Despite the annual decline in profits, the company has given the benefit of interim dividend (ITC Dividend) to the investors….
29 Jan 2026, 10:53:39 PM IST ITC Q3 Results 2026 LIVE: Key highlights ITC Q3 FY26 profit remained unchanged at ₹5018.45 crore compared to ₹5013.18 crore in the same period last year. Revenue from operations grew 6.6% YoY to ₹21,706.64 crore during the quarter under review. The board also announced an interim dividend of ₹6.5…
Shares of FMCG giant ITC fell 1% to ₹334.85 apiece, hitting a fresh 52-week low, on Tuesday, January 13, as the market reacted to broader weakness and the looming excise duty hike on cigarettes. The FMCG stock has been in focus since the beginning of the year after the government announced a hike in cigarette…
