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The sharp selloff in ITC shares wiped out Rs 13,740 crore from three state-run insurers' portfolio in just two days.
Shares of ITC Ltd. plunged the most in nearly six years after a higher levy on tobacco products by the government fueled concerns about its impact on India’s largest cigarette maker.
Market expert said that Gaurav Sharma said that negative impact of tax hike has already been factored in and he sees very ...
ITC shares faced strong selling pressure after the government announced a steep hike in cigarette excise duty. The stock ...
Nuvama has lowered its rating on ITC stock to “hold” from “buy” and revised its price target to ₹415– ₹534 per share, saying ...
A sharp decline in stock price of ITC has seen ₹75,675 crore market capitalisation erosion of the company in the past four ...