itc limited tobacco British American (BAT) Sells 2.5% Stake in 2FIRSTS | India Tobacco to

2FIRSTS India Tobacco to Rid Hotel Operations Off ITC Ltd. has sharply raised cigarette prices across some categories, negating the impact of excise duty on its operating income, according to on ground study by analysts at B&K Securities and InCred. [ ITC Limited Reserve Thompson Cigar British American Tobacco is ITC's largest shareholder with a 22.9% stake, followed by LIC at 15.9%, while the Government of India holds 7.8% via SUUTI. ITC Shares Fall 4% as Cigarette Excise Duty Hike Erases Rs. 70,000 Cr Market Value ITC's evolution from a tobacco selling brand to a conglomerate over 100 years

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