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ITC hits fresh 52-week low as tobacco tax pressure weighs on shares

ITC shares hit a fresh 52-week low of Rs 270.65 for a second session, pressured by broader-market weakness and January tobacco tax increases. Broker targets range from Rs 308 to Rs 408, while technical analysts flag Rs 268-270 as crucial support.

Newer report , , CNBC-TV18 : ITC raises Classic Connect and Gold Flake Superstar cigarette prices

Read next

  1. Kotak flags ITC valuation gap as large-cap investor apathy persists, , Business Today
  2. ITC’s cigarette-tax shock puts its diversification story back under scrutiny, , The Ken

07:30 IST · 10 moves · what each means · free

Reported figures

From the report. Source details below

Market capitalisation Rs 3.39 lakh crore
Tobacco tax hike in January 2026

Also in the report

  • Stock down 43% in two years

Other figures

  • Previous close Rs 273.25
  • Stock down 26% in 2026
  • Stock down 12% in 2025
  • Support Rs 268-255

The source

Source Read the source at Business Today

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Note Information, not investment advice. RetailIntel is not registered with SEBI.