Analysts attribute the pullback in Godfrey Phillips to value-buying, as the stock had shed nearly 50% in the last five months ...
The brokerage estimates that the tax hike would translate into a 30–40% increase in prices for key brands in the Kings and ...
The shares of ITC extended significant losses for the second consecutive session after the government notified new excise ...
Motilal Oswal downgrades ITC to Neutral after a steep tax hike on cigarettes; check their new price target and outlook now.
The stock tumbled to its 52-week low after the government announced the date from which additional excise duty on tobacco ...
From Feb. 1 onwards, cigarettes are set to attract a tax of 40%, which serves as a major blow for ITC, where the cigarette division serves as a key revenue driver. In the wake of ITC's sharp fall on ...