ITC’s market value has dropped significantly following a recent tax hike on cigarettes. Investors are now looking to the upcoming Budget for clarity on future taxation. While the core business shows resilience, near-term pressure on volumes and margins is expected. The company’s diversified operations offer a buffer against these challenges.
Swiggy among 9 largecap stocks with up to 45% upside potential. Do you own any?
For investors seeking the next opportunity, a closer examination of BSE largecap stocks reveals several promising names.