The curious rise of the ITC stock
- The company’s stock has been rising at a time when shares of many consumer firms have been hammered
- Many analysts are disappointed that ITC’s efforts to diversify into other verticals have not paid off and that it still depends on cigarettes to drive revenue growth
MUMBAI : Simba: “Father, what’s an upper circuit?" Mufasa: “I don’t know. We’re ITC investors."
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