itc tobacco share price & Godfrey Phillips Fall as India Plans New Cess ITC faces medium-term earnings hit
ITC faces medium term earnings hit from sharp tobacco tax hike S&P Global Experts prefer TCS over Godfrey Phillips & VST Industries: ITC share prices fall 15% in 1 month; Godfrey Phillips down 25% 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 Share Price Target Revised: Cigarette Growth Strong, But Is It Enough? Republic World
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