Tag: ITC market cap

ITC is India's largest cigarette maker, deriving more than 40% revenue from the product. (Reuters)
Posted in Business

ITC market cap erodes by ₹63,000 crore as ‘tax shock’ stokes concerns on profitability| Business News

India’s largest cigarette maker ITC Ltd. wiped out nearly $7 billion (~ ₹63,000 crore) in market capitalisation after the government’s cigarette “tax shock” stoked concerns…

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