itc tobacco share price All About 2023 ITC, Godfrey Phillips Share Price:
ITC, Godfrey Phillips Share Price: Tobacco Stocks Continue To Feel The Burn After Govt's New Tax On Cigarettes Outlook Money ITC faces medium term earnings hit from sharp tobacco tax hike S&P Global Did you know more than 40% of ITC's revenue comes from selling cigarettes and tobacco products? The brand that started by selling only tobacco products pre independence has now diversified into industries Shares of tobacco companies fell on January 1 after the government imposed a new tax on cigarettes, making them costlier for an estimated 100 million smokers in India. The selling pressure was ITC price target slashed 26% on likely cigarette price hikes The Times of India
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