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ITC loses 50k crore from its M-Cap

Indian stock markets especially those connected with tobacco products had witnessed a major fall yesterday. This has seen the shares of ITC going down by 15% during the intra day trade wiping out Rs 49,731 crore in a single day. All thanks to GST which has raised the cess on cigarettes to discourage users. Shares of ITC tumbled 12.63 per cent ... Read More »

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