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Why ITC Investors Should Closely Follow Nirmala Sitharaman's Speech Today
FM Nirmala Sitharaman Speech: Nearly Rs 1 lakh crore has evaporated from the ITC's market value in a month as the stock plunged close to 20 per cent after the sharp cigarette tax hike unveiled in late December.
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India's Largest Cigarette Maker ITC Plunges 10% After Tobacco Tax Hike
Shares of ITC Ltd. plunged the most in nearly six years after a higher levy on tobacco products by the government fueled concerns about its impact on Indias largest cigarette maker.
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Stocks Of ITC, Varun Beverages, Godfrey Phillips Decline Amid GST Hike Report
Shares of ITC, Varun Beverages and Godfrey Phillips India ended lower on Tuesday after the Group of Ministers on GST rate rationalisation decided to hike tax on sin goods like aerated beverages, cigarettes, tobacco and related products.
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ITC Briefly Dethrones Hindustan Unilever To Become No. 1 Consumer Stock
Asia's largest cigarette maker ITC briefly reclaimed its position as India's most valuable fast-moving consumer goods stock on Monday after ousting Hindustan Unilever (HUL) from the spot.
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ITC Share Price Plunges 15%, Investors Lose Nearly Rs 60,000 Crore
ITC shares fell to Rs 276.90 on the Bombay Stock Exchange, which reduced its market value to Rs 3.37 lakh crore.
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Sensex Rises Over 300 Points, Nifty Regains 9,600; ITC Jumps
ITC shares surged with analysts attributing the sharp move to a more or less status quo in terms of taxation on cigarettes in the new GST regime.
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GST Rollout Boosts Nifty, ITC Surges 6%
ITC shares surged with analysts attributing the sharp move to a more or less status quo in terms of taxation on cigarettes in the new GST regime.
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Cigarette Companies Implement 85 Per Cent Pictorial Health Warnings
International cigarette companies including ITC and Godfrey Phillips have implemented the rule requiring 85 per cent pictorial warning, they said today.
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ITC To Resume Cigarette Production Amid Pictorial Warning Row
Country's biggest cigarette maker ITC Ltd said it would resume production at its factories "consequent upon" a favourable court order, two weeks after it decided to shutter its plants over the government's stringent new packaging rules.
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Cigarette Factories Close Over New Pictorial Warnings On Packs
As bigger pictorial warnings on tobacco products became mandatory from today, cigarette companies announced they were stopping production, citing "ambiguity" on the issue. The move will result in an estimated loss of Rs 350 crore a day in turnover for the tobacco industry.
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Why ITC Investors Should Closely Follow Nirmala Sitharaman's Speech Today
FM Nirmala Sitharaman Speech: Nearly Rs 1 lakh crore has evaporated from the ITC's market value in a month as the stock plunged close to 20 per cent after the sharp cigarette tax hike unveiled in late December.
-
India's Largest Cigarette Maker ITC Plunges 10% After Tobacco Tax Hike
Shares of ITC Ltd. plunged the most in nearly six years after a higher levy on tobacco products by the government fueled concerns about its impact on Indias largest cigarette maker.
-
Stocks Of ITC, Varun Beverages, Godfrey Phillips Decline Amid GST Hike Report
Shares of ITC, Varun Beverages and Godfrey Phillips India ended lower on Tuesday after the Group of Ministers on GST rate rationalisation decided to hike tax on sin goods like aerated beverages, cigarettes, tobacco and related products.
-
ITC Briefly Dethrones Hindustan Unilever To Become No. 1 Consumer Stock
Asia's largest cigarette maker ITC briefly reclaimed its position as India's most valuable fast-moving consumer goods stock on Monday after ousting Hindustan Unilever (HUL) from the spot.
-
ITC Share Price Plunges 15%, Investors Lose Nearly Rs 60,000 Crore
ITC shares fell to Rs 276.90 on the Bombay Stock Exchange, which reduced its market value to Rs 3.37 lakh crore.
-
Sensex Rises Over 300 Points, Nifty Regains 9,600; ITC Jumps
ITC shares surged with analysts attributing the sharp move to a more or less status quo in terms of taxation on cigarettes in the new GST regime.
-
GST Rollout Boosts Nifty, ITC Surges 6%
ITC shares surged with analysts attributing the sharp move to a more or less status quo in terms of taxation on cigarettes in the new GST regime.
-
Cigarette Companies Implement 85 Per Cent Pictorial Health Warnings
International cigarette companies including ITC and Godfrey Phillips have implemented the rule requiring 85 per cent pictorial warning, they said today.
-
ITC To Resume Cigarette Production Amid Pictorial Warning Row
Country's biggest cigarette maker ITC Ltd said it would resume production at its factories "consequent upon" a favourable court order, two weeks after it decided to shutter its plants over the government's stringent new packaging rules.
-
Cigarette Factories Close Over New Pictorial Warnings On Packs
As bigger pictorial warnings on tobacco products became mandatory from today, cigarette companies announced they were stopping production, citing "ambiguity" on the issue. The move will result in an estimated loss of Rs 350 crore a day in turnover for the tobacco industry.
