itc tobacco share price faces medium-term earnings hit from sharp tax hike ITC Share Price Highlights: ITC

ITC Share Price Highlights: ITC Stock Price History The Economic Times 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 Godfrey Phillips and ITC shares rise after both hike cigarette prices again, passing on higher excise duties that took effect in February 2026 to consumers ITC, Other Cigarette Stocks Rise Up To 13% On Price Hikes And Renewed Buying Interest

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