itc share price

ITC Share Price Slumps as Excise Duty Hike Hits Major Brands: How Will Consumer Demand, Supply, and Cheaper Alternatives Respond?

ITC Share Price Slumps as Excise Duty Hike Hits Major Brands: How Will Consumer Demand, Supply, and Cheaper Alternatives Respond?

ITC share price falls 24% due to a 40% cigarette excise hike. Premium smokers stay loyal, while cheaper alternatives and…

February 2, 2026

Why Are ITC Shares Falling Today? How The New Excise Duty Left Investors And Smokers In Shock

ITC and Godfrey Phillips shares tumbled up to 10% on January 1, 2026, after the government announced a new excise…

January 1, 2026