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The cigarette tax shock weighed heavily on June-quarter earnings, but resilient volumes, staggered price hikes and improving profitability are raising hopes the worst is over.
ITC looks past its worst quarter. Can the recovery last?
Impact Score
Market Sentiment
→NeutralPrimary Sectors
The cigarette tax shock weighed heavily on June-quarter earnings, but resilient volumes, staggered price hikes and improving profitability are raising hopes the worst is over.
Key Highlights
The cigarette tax shock weighed heavily on June-quarter earnings, but resilient volumes, staggered price hikes and improving profitability are raising hopes the worst is over..
Source
Livemint
Published
2h ago
Impact Score
70 / 100
Category
Indian Markets
Moderate near-term volatility expected while markets assess implications for Indian Markets.
What this means
No linked events found.