Current ITC Share Price (as of latest trading)

📈 Current ITC Share Price (as of latest trading)

• The ITC share price (traded as ITC on NSE/BSE) recently hovered around ₹349 – ₹360, tracking intraday moves between lows of approx ₹345.25 and highs near ₹360.00.

• Its 52‑week range is roughly ₹345.25 (low) to about ₹471.50 (high).

This shows the stock is significantly below recent peaks, reflecting current market pressures.

📉 What’s Impacting ITC’s Share Price Now

🔥 Cigarette Tax Hike Hits Stock Hard

Recent sharp increases in cigarette excise duties announced by the Indian government have hit ITC’s core tobacco business. This has triggered a sell‑off, driving the share price to a three‑year low around ₹345.35, and wiping out significant value over just a couple of sessions.

Analysts and brokers have responded with downgrades of the stock, citing concerns that higher taxes could hurt volume, margins and future earnings.

📊 Broader Market Context

While some sectors like autos have shown gains in market performance, ITC shares have underperformed, dragging the FMCG index lower due to the tax‑related sell‑off.

📊 Key Share Price Trends

• Downward pressure in the short term has been strong, with the stock falling sharply around recent news.

• Over the past year, ITC’s share price performance has been weaker compared with broader market indices, with declines noted in the 12‑month performance.

• Long‑term investors may consider valuation metrics and future outlook separately, as past performance alone isn’t predictive.

📌 Analysts’ Views & Targets

Some analysts see potential upside over longer periods amid diversified business segments beyond tobacco — such as FMCG, agri, paperboards and hotel assets — though near‑term uncertainty remains due to regulatory impacts. INDmoney

Targets vary, with average analyst forecasts suggesting upside potential from current levels, but this is dependent on how ITC navigates the regulatory climate and earnings outlook.

🧠 What It Means for Investors

Short‑term outlook:

• Price pressured by tax regulation news and market sentiment.

• Volatility likely as investors digest new excise duty impacts.

Medium to long‑term outlook:

• Future performance may be shaped by non‑tobacco businesses and diversification strategy.

• Dividend yield and strong brand portfolio continue to attract some investors.

📊 Summary – ITC Share Price Snapshot

If you’re thinking about investing in ITC shares, it’s helpful to check real‑time quotes from your broker or financial platform and consider both market news and company fundamentals before making decisions.