itc tobacco share price faces medium-term earnings hit from sharp tax hike ITC shares in focus as

ITC shares in focus as cigarette prices rise by nearly 30%. Brokerage firm Nomura predicts volume decline may not be sharp, but margin pressures could impact future growth. A key development for ITC share price extends losses, falls 5% to hit 52 week low on higher tobacco tax Should you still buy? Stock Market News ITC Shares Crash Over 10%, Lower Circuit Hits Stock, Excise Duty Hike Sparks Sell Off 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 ITC's cigarette revenue growth takes a drag; should investors be concerned? ITC Share Price Target Revised: Cigarette Growth Strong, But Is It Enough? Republic World

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