ITC rallies as GST council caps tax on tobacco and cigarettes
Motilal Oswal said, "Cap announced on the cess applicable on the 5 commodities under the GST, to bring the GST rates on these commodities closer to the existing ones. The GST progressed further. Some clarity on rates could bring upsides to stocks like ITC."
ITC stocks were trading at Rs 285.20 a piece on BSE, soaring above Rs 17 or 6.34%. Photo: IANS