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ITC share price rises to 3-month high after CLSA hikes price target

Shares of ITC surged at 3-month high to Rs 295.45 on Friday trade after global brokerage CLSA retained ‘buy’ call on the stock raising the target price to Rs 400 from Rs 390 earlier. “In the last 18 months, the GST Council has held more than 13 meetings but has not made any changes to tobacco taxes,” the research house said. Since October 4 last year, the stock of FMCG major was trading at its highest level on BSE. ITC shares closed at Rs 295.40 on BSE.

Read More at The Financial Express News date : 11 Jan 2019, Friday

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