Insurance agents are seeking intervention from the government after insurers slashed commissions following the GST rate rejig, however, one official said the issue does not warrant council's intervention as the matter is a business arrangement within the industry.
ITC share price: Jefferies said cigarette volumes are better than peers, adding FMCG segment has beat estimates
Prabhudas Lilladher is bullish on ITC has recommended buy rating on the stock with a target price of Rs 530 in its research report dated October 30, 2025.
Stable tax regime, consumption boost, easing cost pressure to aid growth, profitability
Stocks to Watch, 31 October: Stocks like ITC, DLF, Dabur India, Swiggy, Bandhan Bank, United Spirits, TD Power Systems, Manappuram Finance, Gillette India, Welspun Corp, LT Foods, Lodha Developers, Pidilite Industries, Motilal Oswal Financial Services, Datamatics Global Services, Navin Fluorine International, and Reliance Industries will be in focus on October 31.
ITC Q2 results: Board OKs voluntary delisting of shares from Calcutta Stock Exchange
Market sentiment is likely to remain favourable for bulls on the Muhurat trading day. Below are some short-term trading ideas to consider.
Net Sales are expected to increase by 2 percent Y-o-Y (down 3.7 percent Q-o-Q) to Rs 19,022.1 crore, according to Prabhudas Lilladher.
According to ED, the accused issued bogus GST invoices, fraudulently generating and passing on fake Input Tax Credit valued at over Rs 734 crore.The fraud spans three states and involves 135 shell companies
'At ITC, we will pass on the full benefits of the GST rationalisation across applicable products,' Sumant said.
While GST 2.0 aims to streamline tax rates, bricks continue to attract dual levy under a special composition scheme, a structure that has remained unchanged since its introduction in 2022.
A flat GST on retail sales price will enhance pricing stability, and lower tax evasion, resulting in a predictable tax environment
The Goods and Services Tax (GST) rate on tobacco products has been hiked to 40 percent, but brokerages believe the move will be neutral or positive for tobacco companies.
A possible taxation shock could create near-term demand headwinds
Significant hike in tobacco tax rates have depressed volumes severely in the past, warned analysts
Tobacco and online gaming stocks will be in focus after reports suggested the Centre’s GST 2.0 plan will tax sin goods at the maximum 40 percent slab.
According to Hotelivate’s Trends and Opportunity Report, demand is expected to grow at a CAGR of 9.7 percent through FY28, whereas supply will grow at a slower pace.
Sharekhan is bullish on ITC has recommended buy rating on the stock with a target price of Rs 505 in its research report dated August 04, 2025.
Motilal Oswal is bullish on ITC recommended buy rating on the stock with a target price of Rs 500 in its research report dated August 02, 2025.
Prabhudas Lilladher is bullish on ITC has recommended buy rating on the stock with a target price of Rs 530 in its research report dated August 01, 2025.
FMCG growth recovery, urban demand, and stable commodity prices to aid growth, profitability
Brokerages remain bullish on ITC despite margin pressures, citing strong cigarette volume growth and improving FMCG performance.