ITC shares hit 3-year low after massive cigarette tax hike
ITC shares crash 14% after a steep 50% cigarette tax increase announced in the budget. Analysts downgrade stock, warn of 40% price hikes needed. Read the full analysis.
Category : Search result: ITC stock crash
ITC shares hit 3-year low after cigarette tax shock
ITC shares tumble to a 3-year low after a surprise excise duty hike on cigarettes. Brokerages downgrade stock, slash targets, and warn of earnings pressure. Full analysis inside.
ITC shares hit 52-week low after cigarette tax shock
ITC shares tumble over 13% as a steep hike in cigarette taxes threatens volumes and profits. Analysts slash earnings forecasts and downgrade the stock. Read more.
Cupid shares plunge 20% to lower circuit, snaps 13-day rally
Small-cap stock Cupid tumbled 20% to its lower price band of ₹419.95 on Jan 2, halting a 13-day winning streak amid high volumes. Discover the details and market impact.
ITC shares plunge 14% on steep tobacco tax hike
ITC shares hit a 3-year low after a steep excise duty hike on tobacco, eroding ₹72,300 crore in shareholder wealth. LIC faces a massive ₹11,460 crore loss. Key brokerages downgrade the stock.
Tobacco Duty Hike: Why Some FMCG Stocks Unaffected
Union Budget 2026's additional excise duty on tobacco had a mixed impact on FMCG stocks. Discover why shares of companies like ITC, Godfrey Phillips, and VST Industries reacted differently.
Stock Under Rs 50 Gains 297%, Hits Upper Circuit
A small-cap stock priced under Rs 50 delivered a staggering 297% return in one year, hitting the upper circuit as Indian markets rallied in early trade. Discover the details and key drivers behind this surge.
ITC Shares Drop Over 5%, Tobacco Stocks Slide
ITC shares fell more than 5% on Friday, dragging down the broader tobacco sector. The sell-off follows a recent government report and ongoing regulatory pressures. Discover the key reasons and market impact.
ITC Stock Hits 52-Week Low on New Tobacco Tax
ITC share price crashed over 5% to ₹345.35 after the government announced a fresh excise duty on cigarettes. Get the full details on the market impact and new tax rates effective February 1.
Stock Market Opens Flat on Jan 2, 2026; ITC Top Loser
Indian stock markets began the new year 2026 with a flat to negative trend. Key stocks like ITC, Titan, and Maruti under pressure. Get the full market analysis and insights here.
Cigarette Stocks Plunge as New GST, Excise Duty Take Effect
Cigarette stocks like ITC crashed after govt notified new tax structure from Feb 1, replacing GST cess with higher excise. Analysts warn of 15-20% price hikes impacting sales. Full details inside.
Cigarette Prices to Rise 20% from February 1
Cigarette prices in India are expected to surge by up to 20% from February 1, 2025, following a significant increase in the National Calamity Contingent Duty. This move will impact major tobacco companies and consumers nationwide.
Stock Market Flat on 2026's First Day; ITC Falls
Indian stock markets began 2026 on a muted note with Sensex closing flat near 80,000. ITC was the biggest laggard, while broader markets showed resilience. Read the full analysis.
Stock Market Starts 2026 Modestly; ITC, FMCG Drag
Indian stock market opens 2026 with mixed performance. Nifty up 0.12%, Sensex down 0.07%. ITC, Godfrey Phillips among top losers. Get the full list of gainers and losers.
ITC stock crashes 10% on new tobacco excise duty
ITC shares tumbled nearly 10% to a three-year low after the government announced a new excise duty on cigarettes. Analysts warn of price hikes and volume impact. Read the full analysis.
Tobacco Stocks Plunge as Govt Imposes New Excise Duty, Health Cess
Shares of ITC and Godfrey Phillips India plummeted after the finance ministry notified new excise duty and a health cess on tobacco products. Discover the impact on prices and public health.
ITC Stock Drops on Higher Excise Duty, Health Cess in Budget
ITC shares fell after Budget 2026 proposed higher excise duty on tobacco and a new health cess on pan masala, effective Feb 1. Cigarettes set to get costlier. Full analysis inside.
ITC, Godfrey Phillips shares tank on cigarette excise duty hike
Shares of ITC and Godfrey Phillips fell sharply after the government announced a hike in excise duty on cigarettes in the interim budget. The new rates are effective from February 1. Read for full market impact analysis.
Sensex, Nifty Start 2026 Higher; Key Stocks in Focus
Indian stock markets began 2026 on a positive note. Sensex and Nifty gained, led by Mahindra & Mahindra, ITC, and Titan. Get the full market analysis and stock updates here.
Lone Survivor Walks Out of AI 171 Plane Crash in Ahmedabad
On June 12, a viral video captured the lone survivor limping from the AI 171 crash site in Ahmedabad. Read the full story of the tragedy that unfolded 40 seconds after takeoff.
ITC Shares Fall 12%: Time to Buy? Expert Analysis
ITC's stock has dropped 12% this year due to BAT stake sale, GST on sin goods & hotel demerger. Fundamental & technical experts reveal if it's a value buy now. Read for insights.
5 Killed in Kilimanjaro Helicopter Crash
A rescue helicopter crashed on Mount Kilimanjaro, killing all five on board, including two Czech climbers. The incident occurred at 4,700 metres. Read the full details.
Libyan Military Chief Dies in Turkey Plane Crash
CCTV footage shows the moment a private jet carrying Libya's military chief crashed near Ankara, killing all on board. Watch the tragic incident unfold.
Mexican Navy Plane Crash in Texas Kills 5
A Mexican Navy medical transport plane crashed near Galveston, Texas, killing at least five, including a child. Four survivors were rescued. Read the latest updates.
Greg Biffle, 7 killed in North Carolina plane crash
Former NASCAR driver Greg Biffle and six others died in a business jet crash at Statesville Airport. The plane caught fire after attempting to return amid bad weather.
NASCAR Champ Greg Biffle Dies In Plane Crash With Family
NASCAR champion Greg Biffle, his wife Cristina, and their two children tragically died in a North Carolina plane crash. The racing world mourns the loss of a top driver and humanitarian.
Ex-NASCAR Driver Among 7 Dead in NC Plane Crash
A tragic plane crash in North Carolina claims seven lives, including a former NASCAR driver. Details emerge about the flight and the victims involved.
NASCAR Champ Greg Biffle, Family Die in Plane Crash
NASCAR legend Greg Biffle, his wife Cristina, and five others killed in a tragic Cessna crash in North Carolina. Read the heartbreaking final message and investigation details.
Greg Biffle, Family Die in North Carolina Plane Crash
Retired NASCAR star Greg Biffle, his wife, and two children died after their business jet crashed near Statesville Regional Airport. Federal investigation underway.
NASCAR Champ Greg Biffle Dies in Plane Crash With Family
Former NASCAR champion Greg Biffle, wife Cristina Grossu, and their two children died in a private jet crash in North Carolina on Dec 18, 2025. Investigation ongoing.
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