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Budget Reactions: Excise hike to hit ITC earnings, StanChart sees 1.5% dip

Sanjay Singh, associate director at Standard Chartered Securities India Ltd, tells CNBC-TV18 that ITC could see earning fall by 1.5% in the coming year due to the 18% hike in excise duty.

first published: Feb 28, 2013 06:32 pm

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