ITC Share Crashes 10% After Fresh Cigarette Tax Hike – Market Cap Erodes ₹45,000 Crore
ITC share price today witnessed a sharp sell-off on Wednesday after the government announced fresh excise duty hikes on cigarettes. ITC stock plunged nearly 10 per cent to hit an intraday low of ₹362.70, marking its lowest level since February 1, 2023. The steep fall wiped out around ₹45,104 crore …