ITC will pursue selective, value-accretive acquisitions while banking on premiumisation and a gradual recovery in consumption to outpace FMCG industry growth
ITC stock crash: Market experts decode trading strategy as ITC shares slide over 18% in January 2026 post tax hike on cigarettes. Analysts warn of possible further 19% fall; here's why
Analysts attribute the pullback in Godfrey Phillips to value-buying, as the stock had shed nearly 50% in the last five months. ITC, meanwhile, has witnessed a gradual 29% dip from September 2024 high.
In the past two trading days, the BSE Sensex has slipped 1.6 per cent owing to the US tariff related uncertainties. In the same period, the BSE 500 index has shed 2.1 per cent.
Technical charts show that ITC, Godfrey Phillips, Jubilant FoodWorks, AWL Agri Business and United Breweries are trading in oversold zones based on the 14-day RSI parameter.
A sharp decline in stock price of ITC has seen ₹75,675 crore market capitalisation erosion of the company in the past four trading days.
The brokerage expects the price hike will have a significant impact on volumes, pressure margins, increase illicit trade, stifle growth and the company's ability to recruit consumers.
ITC earnings estimates for FY27-28 have been cut after a sharp excise duty hike on cigarettes. Brokerages have downgrade the stock, citing margin and volume risks
ITC shares slump as steep excise duty hike on cigarettes wipes out over $7 billion in market value and triggers a spate of brokerage downgrades
ITC stock is seen trading near its 4-year monthly Supertrend line indicator for the first time since September 2021.
ITC, Godfrey Phillips and VST Industries fell up to 10 per cent, after Centre notified February 1 as the date from which additional excise duty will be levied on tobacco
e buying on the counter came after the CCI approved ITC's acquisition of Aditya Birla Real Estate's pulp and paper business
According to Shrikant Chouhan of Kotak Securities, Prestige remains well placed to benefit from sectoral tailwinds, and ITC continues to position itself as a future-ready Indian conglomerate
Nomura sees GCPL, Tata Consumer, Marico, and Britannia as the key near-term winners of the commodity downcycle.
ITC shares have underperformed the market by falling 5 per cent in the past one month, as against a 2.2 per cent rise in the Nifty 50.
ITC's cigarette and FMCG segments delivered steady performance in Q2 FY26 despite a slump in agri sales; analysts see scope for a valuation re-rating as core margins improve
Technical charts suggest that ITC, Adani Power, Dabur India, NTPC and Hyundai Motor India shares can potentially rally up to 26% on the upside; whereas Dabur India and Bandhan Bank can decline by 10%.
Brokerages were unanimous that the non-cigarette FMCG business remains a bright spot in ITC's portfolio.
Stocks to Watch Today, October 31, 2025: RIL, Hyundai Motor India, TCS, Bharat Electronics, ITC, Swiggy, United Spirits, and Sunteck Realty are among the top stocks to watch today
The company reported consolidated gross revenue of Rs 21,255.86 crore for Q2FY26, down 1.3 per cent compared to Rs 21,536.38 crore a year ago