Companies & Industry »Company News»Company News Details
Company News Details

BSE   21 Feb 18 | 12:00 AM

268.05 5.25 (2%)
Mkt Price (Rs)   Chg Rs (Chg %)
Code: 500875
Face Value: N.A.

NSE   21 Feb 18 | 12:00 AM

268.20 4.95 (1.88%)
Mkt Price (Rs)   Chg Rs (Chg %)
Code: ITC
1 Week : Rs 266.75 (0.49%)
1 Month : Rs 273.85 (-2.12%)
1 Year : Rs 263.35 (1.78%)
change companytradenow

ITC extends fall post UP government tax hike

SI Reporter / Mumbai 03 Jul 12 | 02:52 PM

ITC is trading lower by 1.3% at Rs 246.85, extending its Monday’s 3.4% fall, after the Uttar Pradesh (UP) government decided to increase taxes on tobacco products from 12.5% to 50%. The state contributes around 5% to ITC’s revenue from cigarette sales.

“ITC may increase the price of cigarettes by 2% to mitigate the impact of value added tax (VAT) announced by Uttar Pradesh government," said Manoj Menon of Kotak Institutional Equities, while talking to TV channel.

Widgets Magazine

The stock opened at Rs 250 and hit a low of Rs 246 on the National Stock Exchange. A combined 8.93 million shares have changed hands on the counter so far on both the exchanges.


Widgets Magazine


Company Price Gain (%)
O N G C190.101.66
St Bk of India273.101.28


Online Portfolio

You can create Online Portfolio here using the below button.

Widgets Magazine