Tobacco Stocks Rebound After Sharp Plunge
Business | Press Trust of India | Wednesday July 19, 2017
Shares of Godfrey Phillips India went up by 2.62 per cent to Rs 1,188 and those of VST Industries rose by 1.60 per cent to Rs 3,334.45.
ITC Plunges 15% On Cigarette Cess Hike, Sensex Down Nearly 200 Points
Business | NDTV Profit Team | Tuesday July 18, 2017
Shares of Other cigarette makers like Godfrey Phillips India and VST Industries also fell as much as 10.35 per cent and 8.3 per cent respectively.
ITC Rallies 7% As Clarity Emerges On GST Proposals. Should You Buy?
Business | Friday March 17, 2017
ITC was the top gainer on the Nifty in morning deals, helping the index peek above its important crucial psychological level of 9,200.
Tobacco Shares Under Pressure, Godfrey Philips Sinks 17%
Business | NDTV Profit Team | Tuesday April 26, 2016
Tobacco shares fell sharply on Tuesday amid reports that the government may completely ban foreign direct investment (FDI) in the sector. Godfrey Philips India shares sank 17 per cent in morning trade, while index-heavyweight ITC traded 1 per cent lower.
VST Industries Shares Gain On Q4 Results
Business | NDTV Profit Team | Thursday April 21, 2016
Shares of VST Industries gained as much as 3 per cent to touch a day high of Rs 1,837 on Thursday, following the announcement of fourth quarter earnings yesterday. The Hyderabad-based tobacco company's net profit jumped 21 per cent year-on-year to Rs 49.3 crore in the March quarter.
Adequate Cigarette Stocks Available Despite Shutting Manufacturing: ITC
Business | Press Trust of India | Wednesday April 6, 2016
FMCG major ITC on Wednesday said it has adequate cigarette stocks available in the market despite shutting all its manufacturing in the wake of the government rule that requires larger pictorial warnings on packets.
Cigarette Shares Fall On Suspension of Production, ITC Drops 3%
Business | NDTV Profit Team | Monday April 4, 2016
Shares of cigarette makers like ITC, Godfrey Philips and VST Industries fell at least 2 per cent on Monday after they suspended production from Friday.
Budget 2016: 10 Big Stocks To Track Today
Business | NDTV Profit Team | Monday February 29, 2016
Cigarette makers such as ITC, VST Industries and Godfrey Philips India will be closely watched for excise duty announcement on tobacco products.
ITC Slumps as GST Panel Proposes 40% Tax on Tobacco Products
Business | NDTV | Monday December 7, 2015
The government-appointed Arvind Subramanian panel's recommendation of a steep 40 per cent tax on tobacco products triggered a selloff in cigarette makers such as ITC, Godfrey Philips and VST Industries.
Wipro, Yes Bank, Natco Pharma in Focus Today
Business | Wednesday April 22, 2015
The Nifty is likely to open lower on Wednesday tracking lacklustre cues from the global markets. Foreign investors bought shares worth Rs 17,489 crore on Tuesday, but this amount includes purchases of Sun Pharma shares sold by Japan's Daiichi Sankyo, which exited the company.
ITC Falls 8% After Budget as Government Hikes Excise Duty
Business | Thomson Reuters | Saturday February 28, 2015
ITC Ltd slumped 9 per cent while VST Industries lost 3 per cent.
ITC Slumps 4% over Tough Provisions of Anti-Smoking Bill
Business | Wednesday January 14, 2015
Tobacco companies such as ITC and Godfrey Philips India fell sharply on Wednesday as the government moved to amend the anti-smoking law, which proposes radical changes such as banning sale of loose cigarettes and raising the minimum age of a person buying tobacco products to 21 years from existing 18.
Why ITC Shares Hit Over 6-Month High
Business | Thursday December 4, 2014
ITC and other tobacco companies such as Godfrey Phillips and VST Industries had come under sharp selling pressure last month after the health ministry accepted an expert panel's proposal to ban loose cigarettes to deter smoking.
Sensex Hits Record High Above 28,800; ITC Soars
Business | Thursday December 4, 2014
Indian stock markets hit record highs on Thursday with the Sensex rising over 350 points and the Nifty gaining over 85 points in early trade. Markets rose sharply after three days of consolidation resulting in the Sensex giving up over 250 points.
Tough Tobacco Policy Soon, Sale of Loose Cigarettes May be Banned
Business | Tuesday November 25, 2014
Shares of tobacco companies fell sharply on Tuesday after the government accepted the recommendations of an expert panel, which has proposed banning the sale of loose cigarettes among other tough measures. These recommendations will now be put before the Cabinet and will also require a Parliament nod before they are implemented.
Tobacco Stocks Rebound After Sharp Plunge
Business | Press Trust of India | Wednesday July 19, 2017
Shares of Godfrey Phillips India went up by 2.62 per cent to Rs 1,188 and those of VST Industries rose by 1.60 per cent to Rs 3,334.45.
ITC Plunges 15% On Cigarette Cess Hike, Sensex Down Nearly 200 Points
Business | NDTV Profit Team | Tuesday July 18, 2017
Shares of Other cigarette makers like Godfrey Phillips India and VST Industries also fell as much as 10.35 per cent and 8.3 per cent respectively.
ITC Rallies 7% As Clarity Emerges On GST Proposals. Should You Buy?
Business | Friday March 17, 2017
ITC was the top gainer on the Nifty in morning deals, helping the index peek above its important crucial psychological level of 9,200.
Tobacco Shares Under Pressure, Godfrey Philips Sinks 17%
Business | NDTV Profit Team | Tuesday April 26, 2016
Tobacco shares fell sharply on Tuesday amid reports that the government may completely ban foreign direct investment (FDI) in the sector. Godfrey Philips India shares sank 17 per cent in morning trade, while index-heavyweight ITC traded 1 per cent lower.
VST Industries Shares Gain On Q4 Results
Business | NDTV Profit Team | Thursday April 21, 2016
Shares of VST Industries gained as much as 3 per cent to touch a day high of Rs 1,837 on Thursday, following the announcement of fourth quarter earnings yesterday. The Hyderabad-based tobacco company's net profit jumped 21 per cent year-on-year to Rs 49.3 crore in the March quarter.
Adequate Cigarette Stocks Available Despite Shutting Manufacturing: ITC
Business | Press Trust of India | Wednesday April 6, 2016
FMCG major ITC on Wednesday said it has adequate cigarette stocks available in the market despite shutting all its manufacturing in the wake of the government rule that requires larger pictorial warnings on packets.
Cigarette Shares Fall On Suspension of Production, ITC Drops 3%
Business | NDTV Profit Team | Monday April 4, 2016
Shares of cigarette makers like ITC, Godfrey Philips and VST Industries fell at least 2 per cent on Monday after they suspended production from Friday.
Budget 2016: 10 Big Stocks To Track Today
Business | NDTV Profit Team | Monday February 29, 2016
Cigarette makers such as ITC, VST Industries and Godfrey Philips India will be closely watched for excise duty announcement on tobacco products.
ITC Slumps as GST Panel Proposes 40% Tax on Tobacco Products
Business | NDTV | Monday December 7, 2015
The government-appointed Arvind Subramanian panel's recommendation of a steep 40 per cent tax on tobacco products triggered a selloff in cigarette makers such as ITC, Godfrey Philips and VST Industries.
Wipro, Yes Bank, Natco Pharma in Focus Today
Business | Wednesday April 22, 2015
The Nifty is likely to open lower on Wednesday tracking lacklustre cues from the global markets. Foreign investors bought shares worth Rs 17,489 crore on Tuesday, but this amount includes purchases of Sun Pharma shares sold by Japan's Daiichi Sankyo, which exited the company.
ITC Falls 8% After Budget as Government Hikes Excise Duty
Business | Thomson Reuters | Saturday February 28, 2015
ITC Ltd slumped 9 per cent while VST Industries lost 3 per cent.
ITC Slumps 4% over Tough Provisions of Anti-Smoking Bill
Business | Wednesday January 14, 2015
Tobacco companies such as ITC and Godfrey Philips India fell sharply on Wednesday as the government moved to amend the anti-smoking law, which proposes radical changes such as banning sale of loose cigarettes and raising the minimum age of a person buying tobacco products to 21 years from existing 18.
Why ITC Shares Hit Over 6-Month High
Business | Thursday December 4, 2014
ITC and other tobacco companies such as Godfrey Phillips and VST Industries had come under sharp selling pressure last month after the health ministry accepted an expert panel's proposal to ban loose cigarettes to deter smoking.
Sensex Hits Record High Above 28,800; ITC Soars
Business | Thursday December 4, 2014
Indian stock markets hit record highs on Thursday with the Sensex rising over 350 points and the Nifty gaining over 85 points in early trade. Markets rose sharply after three days of consolidation resulting in the Sensex giving up over 250 points.
Tough Tobacco Policy Soon, Sale of Loose Cigarettes May be Banned
Business | Tuesday November 25, 2014
Shares of tobacco companies fell sharply on Tuesday after the government accepted the recommendations of an expert panel, which has proposed banning the sale of loose cigarettes among other tough measures. These recommendations will now be put before the Cabinet and will also require a Parliament nod before they are implemented.
................................ Advertisement ................................
................................ Advertisement ................................
