InvestorQ : Why is ITC touching new highs?
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Why is ITC touching new highs?

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3 weeks ago
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ITC is trading at multi-year highs of Rs330.55 as investors prefer its defensive comfort. ITC is already up 50% in the current year with the latest trigger being plans to explore alternate structures for the hotels business. ITC Hotels could be listed as a separate entity with an “asset right” strategy. Cigarettes have got a boost from a stable GST policy.

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