ITC share price drops another 2%, falls to lowest level since August 2022; m-cap slips below ₹3.75 lakh crore

ITC shares dropped 2% on March 19, marking a 4.5% decline in March and a 25.66% year-to-date fall. The company’s market cap has decreased by ₹1,30,178 crore since December, amid rising competition and tax hikes impacting investor sentiment.