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ITC extends fall on heavy volumes; stock slips 12% in 3 days

The Union Health Ministry on Monday notified a new set of enhanced health warning to be printed on packets of all tobacco products

ITC
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The counter has seen huge trading volume, with a combined 22.4 million equity shares changing hands on the NSE and BSE till 10:13 am

SI Reporter Mumbai
Shares of ITC were trading lower for the third straight day, falling 8 per cent to Rs 161 on the BSE on Wednesday on heavy volumes. The stock of cigarette manufacturer has slipped 12 per cent in the past three trading days on reports that the Health Ministry has notified new health warnings for tobacco products. The counter has seen huge trading volume, with a combined 22.4 million equity shares changing hands on the NSE and BSE till 10:13 am.

In comparison, the S&P BSE Sensex was down 6.2 per cent during the same period. 

The Union Health