ITC share price down by more than 1% today
ITC share price is down by more than 1% today. At 2:30 p.m. IST, 17th September, 2025, the stock price is down by 1.09%, trading at Rs 408.60. Nifty 50 index is up by 0.22% at this time. In the past 5 days, ITC’s share has lost 1.40%. In the past one month its stock has gained 0.57%. Year-to-date (YTD) in 2025, the stock has lost 15.57%.
Earlier this year, in February, the company had demerged its hotels business into a separate listed company. This demerger also had some impact on its stock price this year.
New GST structure does not reduce taxation on cigarettes
Lower GST rates that will come into force from September, 22nd will make some of the FMCG goods of ITC cheaper and may benefit them. But cigarettes will continue to be taxed…