ITC Share Price Gira: Tobacco Tax Hike Ne Lagai Aag! Kya Hai Poori Kahani?

CONSUMER-PRODUCTS
Whalesbook Logo
AuthorAnanya Iyer|Published at:
ITC Share Price Gira: Tobacco Tax Hike Ne Lagai Aag! Kya Hai Poori Kahani?
Overview

Bhaiyo, ITC ke shareholders ke liye aaj thoda chinta ka din hai. Sarkar ne tobacco products par tax badha diya hai, jisse company ke cigarette business ke profits aur sales pe asar pad raha hai. Is wajah se share price mein big slide dekhne ko mili hai.

Tax Badha, Share Gira! Kya Hua ITC Ke Saath?

Toh hua ye hai ki February 1, 2026 se India mein tobacco products par Goods and Services Tax (GST) aur central excise duty badha di gayi hai. Ye tax increase lagbhag 30% se zyada hai, jo cigarette business ke margins ko direct hit karega. Is news ke aate hi, January 1, 2026 ko ITC ka share ek din mein 10% tak gir gaya! Ye pichhle 6 saal ki sabse badi single-day girawat thi, aur share ₹345.35 ke three-year low par pahunch gaya. Socho, company ki market cap se lagbhag ₹50,000 Crore gayab ho gaye. FY26 mein ab tak share 27% gir chuka hai, jabki BSE Sensex sirf 4% gira hai.

Company Ka Naya Plan: Diversification!

Lekin ITC waale himmat haarne walon mein se nahi hain. Wo apne cigarette business par reliance kam kar rahe hain aur dusre sectors mein tezi se enter kar rahe hain. Pata hai kya? April 2025 mein unhone ₹472.5 crore mein Sresta Natural Bioproducts (24 Mantra Organic) ko buy kiya hai. Aur Mother Sparsh (baby care) mein bhi apna stake badha rahe hain. Plus, Century Pulp and Paper business ko bhi acquire karne ki deal ho gayi hai. Sab milakar, company FMCG aur sustainable packaging sectors mein ₹20,000 crore ka investment karne ka plan bana rahi hai. Food-tech division bhi mast chal raha hai, jismein 60 cloud kitchens aur FY25 mein 100+ naye products launch kiye gaye hain.

Analysts Kya Bol Rahe Hain?

Ab investors sabse zyada analyst ki report dekhte hain. Halanki share gira hai, kai analysts ko ITC ka current valuation attractive lag raha hai. Iska P/E ratio 18.5x hai, jo ki Hindustan Unilever (52.8x) aur Dabur India (42.1x) jaise competitors se kaafi kam hai. VST Industries isse bhi kam 10.8x P/E pe hai. Dividend yield bhi 5% ke aas paas mil raha hai, jo income investors ke liye achha hai. Average target price ₹367.79 se ₹470 tak hai. Lekin sabka view positive nahi hai, kuch ne 'Hold' aur kuch ne 'Sell' rating bhi di hai.

Risks Bhi Hain Bhai!

Kuch bade risks bhi hain. Tax badhne se log saste cigarettes ya fir illegal market ki taraf ja sakte hain, jisse cigarette volumes 12.5% tak gir sakti hain FY27 mein. FMCG sector mein bhi badi competition hai. Kuch models to stock ko 'Possible Value Trap' bhi keh rahe hain.

Future Strategy: Growth From New Areas

ITC ka main focus ab future-ready portfolio banane par hai. Wo apne core businesses ko strong karte hue food-tech, wellness, aur packaging jaise naye growth areas develop kar rahe hain. Investment aur acquisitions ke through company future opportunities grab karna chahti hai. Agar non-cigarette ventures successful rahe, toh long-term mein shareholders ko achha return mil sakta hai.

Disclaimer:This content is for informational purposes only and does not constitute financial or investment advice. Readers should consult a SEBI-registered advisor before making decisions. Investments are subject to market risks, and past performance does not guarantee future results. The publisher and authors are not liable for any losses. Accuracy and completeness are not guaranteed, and views expressed may not reflect the publication’s editorial stance.