LIC’s investment in ITC plunged by over Rs 11,460 crore within two days following a 14% stock crash. The decline was triggered by a surprise government hike in tobacco excise duties.
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LIC’s investment in ITC plunged by over Rs 11,460 crore within two days following a 14% stock crash. The decline was triggered by a surprise government hike in tobacco excise duties.
Read more
