ITC Share Price Today: Why ITC Stock Is Trending in India and What Investors Should Know
📌 Current ITC Share Price (As of Latest Trading)
👉 ITC Lt|. share price is around ₹363.85 per share on the National Stock Exchange (NSE) of India. The Economic Times
• This reflects a significant drop (~-9.7%) from previous closing levels. The Economic Times
• The 52-week range for the stock is roughly ₹362.70 (low) to ₹491.00 (high). The Economic Times
🧠 Introduction – Why Everyone Is Talking About ITC Shares
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| Current ITC Share Price |
ITC Limited isn’t just a cigarette maker — it’s one of India’s oldest and largest conglomerates with businesses in cigarettes, FMCG products, packaging, paperboards, and more.
Recently, its shares have drawn massive market attention because:
📉 Significant drop in share price — hitting levels not seen in years. Reuters
📰 Government tax news impacting tobacco stocks — especially cigarette excise duty changes. Reuters
📊 Investor debate on whether this is a buying opportunity amid volatility. The Economic Times
📉 Why ITC Share Price Fell Sharply
📍 New Cigarette Excise Duty Policy
In early 2026, the Indian government introduced a higher excise duty on cigarettes — part of efforts to curb smoking. Reuters
This tax increase has made production costlier for tobacco companies, leading to a sharp sell-off in ITC shares. Reuters
📍 Market Reaction
• ITC saw its shares plunge by around 9–10% in a single session, marking one of the worst days in years. Reuters+1
• The drop wiped out tens of thousands of crores in market value. The Economic Times
• Analysts noted that higher production costs and reduced volumes could hurt profits. The Economic Times
This news is big because ITC is a major stock in India’s market indices (Nifty 50 and Sensex), so its decline affects broader market sentiment too.
📊 Historical Price Context
Although ITC has seen volatility, in the past year before this crash, the share price had traded much higher — around ₹470+ levels. Yahoo Finance
This means the recent levels represent a major correction that traders and investors are closely watching.
💡 What Analysts Are Saying
📌 Some brokers have downgraded the stock due to uncertainty around tax impacts. The Economic Times
📌 Others view sharp declines as potential buy-on-dip opportunities, although opinions vary widely. The Economic Times
Important: Stock analysts’ price targets (like ₹450–₹500) may still be higher than current levels, but these views depend on long-term expectations. Groww
🧩 Key Factors Influencing ITC Shares
✅ Dividend yield & fundamentals: ITC is known for stable dividends and diversified businesses. Moneycontrol
❌ Regulatory pressures: Higher tobacco taxes can impact core cigarette business profitability. Reuters
⚖️ Market sentiment: Broader market moves and volatility influence short-term price swings. The Economic Times
🧠 Summary – Should You Care?
✔️ ITC is a major Indian large-cap stock — price movements generate widespread investor interest.
✔️ Recent sell-off has made it a top news topic, especially among traders and investors in India.
✔️ Whether to buy, hold, or sell depends on your investment goals and risk tolerance — especially given regulatory news. The Economic Times
