itc tobacco share price Will keep falling : r/IndianStockMarket ITC price target slashed 26%
ITC price target slashed 26% on likely cigarette price hikes The Times of India ITC's top shareholder BAT to sell 2.3%, eyes up to Rs 12,000 crore Times of India ITC faces medium term earnings hit from sharp tobacco tax hike S&P Global 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 What's wrong with ITC?
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