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ITC shares fall and then recover after government hikes cigarette taxes — do investors need to panic?

ITC shares fall and then recover after government hikes cigarette taxes — do investors need to panic?

Wed, Feb 01, 2023

Budget 2023 Cigarette Tax: ITC shares made their way back into the green after the government's announcement of higher taxes on cigarettes triggered an initial knee-jerk reaction in the stock. Here's how other cigarette-related stocks — such as Godfrey Phillips and VST Industries — fared. 

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Small SIP, Big Impact: Rs 1,111 monthly SIP for 40 years, Rs 11,111 for 20 years or Rs 22,222 for 10 years, which do you think works best?

Small SIP, Big Impact: Rs 1,111 monthly SIP for 40 years, Rs 11,111 for 20 years or Rs 22,222 for 10 years, which do you think works best?

SCSS vs FD: Which guaranteed return scheme will give you more quarterly income on Rs 20,00,000 investment?

SCSS vs FD: Which guaranteed return scheme will give you more quarterly income on Rs 20,00,000 investment?

Rs 3,500 Monthly SIP for 35 years vs Rs 35,000 Monthly SIP for 16 Years: Which can give you higher corpus in long term? See calculations

Rs 3,500 Monthly SIP for 35 years vs Rs 35,000 Monthly SIP for 16 Years: Which can give you higher corpus in long term? See calculations

PPF Calculations: How to get Rs 72,000 a month tax-free income from Public Provident Fund?

PPF Calculations: How to get Rs 72,000 a month tax-free income from Public Provident Fund?

Power of Compounding: How soon will monthly SIP of Rs 11,000 reach Rs 8 crore corpus target?

Power of Compounding: How soon will monthly SIP of Rs 11,000 reach Rs 8 crore corpus target?

Power of Compounding: How long it will take to build Rs 5 crore corpus with Rs 5,000, Rs 10,000 and Rs 15,000 monthly investments?

Power of Compounding: How long it will take to build Rs 5 crore corpus with Rs 5,000, Rs 10,000 and Rs 15,000 monthly investments?

SBI 444-day FD vs PNB 400-day FD: Here's what general and senior citizens will get in maturity on Rs 3.5 lakh and 7 lakh investments in special FDs?

SBI 444-day FD vs PNB 400-day FD: Here's what general and senior citizens will get in maturity on Rs 3.5 lakh and 7 lakh investments in special FDs?

Looking for short term investment ideas? Analysts suggest buying these 2 stocks for potential gain; check targets

Looking for short term investment ideas? Analysts suggest buying these 2 stocks for potential gain; check targets

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