Page 3 - ITC Ltd News
Godfrey Phillips bounces back 8% from recent low, ITC sulks; Chart check
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.
 "Godfrey Phillips bounces back 8% from recent low, ITC sulks; Chart check")
ITC, ACC, IRCTC, Siemens Energy and 24 more BSE500 stocks hit 52-week lows
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.
 "ITC, ACC, IRCTC, Siemens Energy and 24 more BSE500 stocks hit 52-week lows")
Nifty FMCG down 4% in Jan; ITC, AWL Agri, 3 more stocks oversold on charts
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.
 "Nifty FMCG down 4% in Jan; ITC, AWL Agri, 3 more stocks oversold on charts")
ITC tanks 15% in 4 days, hits 33-month low after tax hike on cigarettes
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.
Nomura downgrades ITC as excise hike to weigh on volumes, margins
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.
 "Nomura downgrades ITC as excise hike to weigh on volumes, margins")
ITC stock downgraded as excise duty hike raises margin, volume growth risks
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 stock downgraded as excise duty hike raises margin, volume growth risks")
ITC sheds $7 billion as tax hike on tobacco products triggers rating cuts
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
Chart check: ITC stock tests 4-year monthly trendline indicator at ₹350
ITC stock is seen trading near its 4-year monthly Supertrend line indicator for the first time since September 2021.
 "Chart check: ITC stock tests 4-year monthly trendline indicator at ₹350")
ITC down 10%, Godfrey Phillips 19% as addl excise duty effective from Feb 1
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
Aditya Birla Real Estate up 3% as CCI clears paper & pulp biz sale to ITC
e buying on the counter came after the CCI approved ITC's acquisition of Aditya Birla Real Estate's pulp and paper business
 "Aditya Birla Real Estate up 3% as CCI clears paper & pulp biz sale to ITC")