Archive · 23 Jan 2026
ITC Investors Face Zero Returns for 8.5 Years
ITC is a company that makes many things like cigarettes and snacks.
People who invested in ITC a long time ago, in 2017, have not made any money from their investment.
The price of ITC's stock has not gone up since then.
Recently, the government increased taxes on cigarettes, which made the stock price go down even more.
This has made many people who own ITC stock worried.
Some experts who study stocks think the price might go up a little bit in the future, but not as much as they thought before.
The stock has been going down for the past few months and years, and it's now at its lowest price in the last year.
ITC shareholders have seen zero returns on their investment for over 8.5 years, with the stock price remaining nearly unchanged since July 17, 2017.
Recent excise duty hikes on cigarettes have led to a significant decline in ITC's stock price, with a 21% drop in three months and a 27% drop in two years.
The stock's market capitalization has decreased by Rs 97,000 crore this month due to weak sentiment and a 11% plunge in stock price.
Brokerages have downgraded ITC's stock rating and revised price targets downward, with estimates ranging from Rs 340 to Rs 415.
Analysts predict a potential double-digit decline in cigarette volumes in FY27 due to necessary MRP hikes to offset tax increases.
- Who
- ITC shareholders and investors
- What
- Zero returns on ITC stock for over 8.5 years
- When
- Since July 17, 2017, with recent declines this month
- Where
- Indian stock market (BSE)
- Why
- Due to recent excise duty hikes on cigarettes and weak market sentiment
- Current Stock Price
- Rs 324.70
- Stock Price on July 17, 2017
- Rs 325.75
- Market Capitalization Loss (This Month)
- Rs 97,000 crore
- Three-Month Stock Decline
- 21%
- Two-Year Stock Decline
- 27%
- Current Market Cap
- Rs 4.06 lakh crore
- 52-Week Low
- Rs 324.35
- Brokerage Price Targets
- Nuvama: Rs 415, Nomura: Rs 340, Centrum: Rs 390, Axis: Rs 380
