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ITC Share Price Surges: Citi Upgrade and New Tobacco Tax Regime Explained

ITC shares rose nearly 5% on Oct 5, 2026, to ₹268.0 following a Citi upgrade to 'Buy' and a target price of ₹300, as the market prices in India's new 40% GST tobacco tax.

tobacco-tax-india citi-brokerage indian-stock-marketTasadduq Burneyowner27.5K rep · 05 Oct 2026, 17:29 UTC