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…
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…
Globally, Indian equities lagged their East Asian peers, with the South Korean and Taiwanese markets outperforming sharply, posting weekly gains of about 4% and 3%, respectively. The divergence was driven largely by valuation-led sector rotation and strong rallies in technology and semiconductor stocks in those markets, where India has limited representation, said Robin Arya, founder…
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…
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…
