ITC share: Target cuts amid fears of 23-50% hike in cigarette prices; stock still a buy?

PL Capital said the excise duty will increase the ITC's product prices by 23-50 per cent and hit volumes by 12.5 per cent in ...
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ITC shares fall to a three-year low after multiple downgrades, target cuts on cigarette excise hike

Both Motilal Oswal and Nuvama cut their respective price targets on ITC after the cigarette excise duty hike and also ...
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ITC share price target: Nuvama downgrades rating after steep excise duty on cigarettes

Nuvama estimates January sales and production of ITC to sharply expand and therefore report a lower impact in the March ...

ITC shares set to close lower for first time in five years, here's why

A year ago, the stock managed to rise 4.26% annually. In 2023 and 2024, ITC stock rose 39% and 5%, respectively.