Click it and Unblock the Notifications
Shares in ITC Rally 5% on Reports of Govt Reconsidering Loose Cigarette Sale Ban
Shares in Cigarettes maker ITC were up 4 per cent, after reports that the government was re-considering a decision to ban loose cigarettes. Last last week shares of ITC fell sharply after reports of the ban. However, today it rallied almost 4 per cent on reports of the government reconsidering its decision.
The stock was trading 4 per cent higher at Rs 374.
ITC has over the years diversified and broadened its portfolio to ensure a lesser reliance on the tobacco business. Nonetheless, the company derives a significant proportion of its business from Tobacco.
GoodReturns.in
More From GoodReturns
Gas Cylinder Booking Rules: 5 Things To Know For Your 14.2Kg, 19KG, 5KG, 10KG LPG Booking In April 2026
New PAN Card Rules From April 1, 2026: How To Apply For New PAN Card Via Protean, E-Filing Portal?
LPG Gas Cylinder Prices Hiked Again From April 1; 19 KG LPG Gets Costlier By Rs 218; 14.2 KG LPG Unchanged
Gold Rate in India Rises Over Rs 37,000/24K in Three Days; Will Jump in Gold Price Today Continue on 31 March?
Gold Rate in India Rebounds After Falling Nearly Rs 40,000 In a Day; Will Gold Price Today Jump or Drop?
Gold Price Today Declines After 3-Day Surge; Check Latest 22K, 24K, 18K Gold & Silver Rates in Delhi on 2April
Bank Holiday In April 2026: Banks To Be Closed For 14 Days; Good Friday, Baisakhi To Akshaya Tritiya
Hyderabad Gold Rates Today Crash By Rs 40,000 After 6 Days, Silver Rate Falls By Rs 10,000: 24K, 22K, 18k Gold
Fresh Drop in Gold Rate Today; Silver Stable: Latest 22K, 24K, 18K Gold & Silver Prices in Delhi on 30 March
Govt Approves PDS Kerosene Distribution in 21 States for 60 Days, Sets 5,000 L Storage Limit Amid LPG Crisis
Bank Holiday Today, Tomorrow & More: Banks Are Closed On March 31, April 1, April 2, April 3; Here's Why
Sign in with Google