ITC shares gained 1.5 percent intraday on Monday after global investment firm Macquarie maintained outperform call on the stock with a price target at Rs 376, implying 34 percent potential upside.
Calamity cess of 1 percent limited to Kerala is significantly positive for the company because the street was expecting a Pan-India calamity cess at a higher rate, the research house said.
Calamity cess of 1 percent limited to Kerala is significantly positive for the company because the street was expecting a Pan-India calamity cess at a higher rate, the research house said.
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