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ITC stays below ₹300 as cigarette-tax changes weigh on sentiment

ITC shares remain below Rs 300 after higher Indian cigarette taxes and subdued Q4 earnings hurt sentiment. Analysts identify Rs 270-275 support and Rs 310-320 resistance, while the FMCG and cigarette major trades near Rs 288.

Newer report , , NDTV Profit : HDFC Securities cuts Happiest Minds rating and target after ITC Infotech deal

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07:30 IST · 10 moves · what each means · free

Reported figures

From the report. Source details below

  • 28% GST plus compensation cess

Other figures

  • Rs 287.65
  • Rs 3.60 lakh crore
  • 40% GST
  • Rs 400

The source

Source Read the source at Business Today

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Note Information, not investment advice. RetailIntel is not registered with SEBI.