Stocks to BUY: Experts have advised investors to be cautious and patient for long term gains… highlights If you are planning to buy some strong shares before the budget, then experts have suggested top 5 shares for you. ET NOW In conversation with Swadesh, the veteran market expert has given strategies to investors regarding stocks…
Stocks to buy for long term: The Nifty’s three-day fall, largely due to foreign capital outflow, caution ahead of the Q3 earnings season and geopolitical uncertainties, has dragged it below the level of 26,150. On January 7, the index ended at 26,140.75, losing 0.14%. Over the last three consecutive sessions, it has shed 0.71%. FIIs…
It has not been a happy New Year for ITC shareholders. The cigarettes-to-FMCG conglomerate has seen its stock tumble 14% in two days to its lowest level in three years, hurt by the government’s announcement of a steep hike in the excise duty on tobacco products. This has resulted in the overall wealth evaporation of…
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…
ITC Share Price Target: Due to huge fall in ITC shares in just 2 days, investors lost about Rs 60 thousand crores., highlights After FMCG giant ITC’s worst session in six years on Thursday, many brokerage companies have issued notes on it. The company’s shares had fallen nearly 10% after the government announced new excise…
Now new tax will be imposed on products like tobacco and pan masala, which will be on top of the already existing GST. This new tax will replace the compensation cess which will expire from February 1. According to the government notification, 40% GST will be levied on pan masala, cigarettes, tobacco and similar products….
New year cheer seems to be missing for ITC shares that have plunged almost 10% on Thursday, January 01, to their lowest level in nearly three years after the government announced excise duty on tobacco products effective February 1. According to a Finance Ministry notification last evening, cigarettes will be charged an excise duty ranging…
Shares of cigarette companies ITC and Godfrey Phillips slumped up to 6% in Thursday’s trade (January 1), after the government imposed excise duty on cigarettes effective next month onwards. The excise duty will be imposed in the range of Rs 2,050-8,500 per thousand sticks based on the length of the products, a Finance Ministry order…
ITC’s share price has been under pressure this year, largely due to British American Tobacco (BAT) selling its stake in the company, a 40% GST slab on “sin” goods, corrections in the FMCG sector, and caution due to ITC Hotels’ demerger. ITC shares have declined almost 12% year-to-date, compared to an 8% gain in the…
Stocks to BUY: Market experts have placed bets on some stocks to buy and have advised to buy… highlights Market experts have recommended some stocks to ET NOW Swadesh viewers for buying in the stock market. These stocks include names like Hindalco, BHEL, Tech Mahindra, APL Apollo Tubes, Wipro, Biocon, Ashok Leyland and Tata Steel….
