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ITC: How does the new GST rate structure unfold for the cigarette business?

Khushboo Rai & Anubhav Sahu   •

A flat GST on retail sales price will enhance pricing stability, and lower tax evasion, resulting in a predictable tax environment

A well-diversified portfolio of market-leading brands and key strategic levers make ITC’s stock a strong long-term investment bet in our opinion.

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Disclosure & Disclaimer

This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More