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ITC Surges 10% In Two Days On GST Boost. Should You Buy?
22 May 2017, 04:13 PM IST 
Morgan Stanley has maintained its "overweight" rating on ITC with a target price of Rs 310.
ITC shares gained over 6 per cent to a fresh 52-week high of Rs 304.80 on the National Stock Exchange on Monday. Including today's gains, ITC shares have surged nearly 10 per cent in two trading sessions. ITC shares have witnessed buying after the Goods and Services Tax or GST Council announced rates on most of the products. "After more clarity coming on GST, it (ITC) looks good...The uncertainty over taxes is over now and taxes will...
