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ITC STOCK DOWNGRADES
Tourism and hotel sector stocks: Time for a correction in business? Are analysts getting it wrong? 15 stocks from the ecosystemThe Indian hotel and tourism ecosystem has benefitted from the post-Covid travel urge. Occupancies were high, room rates firm, supply is, i...
100 days of Iran war, Rs 4,50,000 crore wiped out: Is your stock portfolio safe from missiles?Indian equities have lost Rs 4.5 lakh crore in 100 days as the Iran-led West Asia conflict and a global AI trade unwind trigger sharp FII o...
ITC shares fall 2% after Q4 results. What Goldman Sachs, Morgan Stanley and others are saying?ITC shares slipped on Friday despite a 5% rise in Q4 standalone profit and strong FMCG growth. Brokerages remained cautious, with Goldman S...
Buy, Sell or Hold: Citi maintains buy on Endurance Technologies; HDFC Securities downgrades Data PatternsBrokerages offer mixed outlooks on midcap stocks, with Citi maintaining a 'Buy' on Endurance Technologies due to strong Q4 results and HDFC...
El Nino impact: Which stocks will burn & which will fire up as market braces for heat waveIndia faces a strong El Niño, threatening below-normal rainfall and impacting agriculture. While rural-linked sectors like two-wheelers and...
Gautam Duggad on why midcaps will keep beating Nifty and his top bets for FY27Gautam Duggad of Motilal Oswal Financial Services anticipates a sharp earnings slowdown in the fourth quarter. He strongly recommends PSU b...
ITC shares in focus as stock hits 3-year low, brokerages downgrade after steep excise duty hike on cigarettesITC shares slid to a three-year low after a sharp tobacco tax hike triggered widespread brokerage downgrades. Analysts warn that higher exc...
ITC slides to three-year low as tobacco excise hike prompts brokerage downgradesITC shares plummeted to a three-year low following a government excise duty hike on tobacco products. Brokerages downgraded the stock, citi...
LIC's losses mount to Rs 10,445 crore in ITC in 2 days as stock plummets 13% after tax hikeLIC has incurred losses of over Rs 10,400 crore in just two days as ITC shares plunged 14% following a steep excise duty hike on cigarettes...
ITC shares plunge to 3-year low after tax bombshell: Is this a falling knife or hidden value?ITC shares slid to a three-year low after a sharp two-day, 14% fall triggered by a steep cigarette tax hike, prompting multiple brokerage d...
ITC hit by 6 brokerage downgrades as cigarette tax hike darkens earnings outlook. Should you buy, sell or hold?Brokerages have turned sharply cautious on ITC after the government’s steep hike in cigarette excise duties, triggering downgrades, earning...
Tax shocker makes Nuvama downgrade ITC shares, says cigarette prices can go up 20%Nuvama cut ITC’s target price to Rs 415 and downgraded the stock to hold after the government announced a sharper-than-expected hike in cig...
After a 5% rally in 2 days, ITC earns a downgrade. Here's whyEmkay Global downgraded ITC to 'add' at Rs 460 citing near-term pressures like margin stress. Analysts' recommendations from Trendlyne data...
Brokerages downgrade ITC post Budget disappointmentITC’s cigarette business, which accounts for three of every four cigarettes sold legally, reported 4.7 per cent growth in revenue in the De...
ITC may need 10-15% cigarette price hikeCompany’s net profit for the period was up by 29 per cent at Rs 4,141.93 crore beating Street estimates.
Brokerages downgrade ITC, cut target price by up to 32%ITC would need to hike cigarette prices to grow earnings, which may impact volumes.
Rs 8,150 crore gone in a day: LIC takes biggest hit in ITC’s free fallLIC has been raising stake in ITC, from 12.17% four years ago and 14.3% as of March 2016.
ITC chokes on its own smoke! Set for steepest fall since 1992The brokerage has maintained hold rating on ITC with a target price of Rs 320.
Defensives go on the back foot; steep valuations hurt ITC, Sun PharmaInvestment experts say that with most of ITC's earnings coming from the tobacco segment, the company faces risk from controls and the gover...
ITC shares fall after Australia's anti-tobacco stanceITC fell 3% on fears about regulatory action at home after Australia called on the world to match its tough new anti-tobacco marketing laws.