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India’s ITC Loses Third of Buy Calls as Tobacco Tax Hits Stock
Market Intelligence Analysis
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Why This Matters
ITC Ltd. has seen a third of its buy calls downgraded due to the impact of tobacco tax on the company's stock, affecting its status as a favorite among analysts.
Market Impact
Market impact analysis based on bearish sentiment with 80% confidence.
Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
ITC Ltd. has lost its status as a favorite among analysts, with a third of them downgrading recommendations on the nation’s top cigarette maker.
Original article published by
Bloomberg
on January 5, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.