Godfrey

1771402793 ai generated image used only for representational purpose.jpg

Cigarette stocks light up! ITC, Godfrey Phillips surge up to 12% on prospects of price hike

contact@dailyupdatesindia.com2 months ago03 mins

Cigarette stocks lit up Dalal Street on Wednesday after reports that manufacturers had raised prices to counter higher tax outgo. Shares of ITC Ltd, Godfrey Phillips India Ltd and VST Industries Ltd climbed by as much as 15%, following media reports that companies have implemented price hikes to pass on the impact of the recent…

Tobacco stocks tumble! New GST rates for sin goods weigh down shares; ITC falls 8%, Godfrey down Rs 400

contact@dailyupdatesindia.com3 months ago02 mins

Tobacco stocks saw a sharp sell-off on Thursday after the finance ministry formally notified February 1 as the date for imposing additional excise duty on tobacco products, along with a health cess on pan masala. Shares of Godfrey Phillips India plunged as much as 10% in morning trade, while ITC fell over 8%.On the BSE,…

Trending News

Trending

Health

Category Collection

Cigarette stocks light up! ITC, Godfrey Phillips surge up to 12% on prospects of price hike

Tobacco stocks tumble! New GST rates for sin goods weigh down shares; ITC falls 8%, Godfrey down Rs 400