Tobacco Stocks: Godfrey Phillips, ITC Plummet After Excise Duty Hike | R Business Stock Update

The shares of cigarette manufacturers such as Godfrey Phillips to ITC extended their losses after budget day on February 2, 2025, falling 8% and 2.4%, respectively.The VST Industries also felt the brunt of ₹22–25 hike in cigarette prices per pack of 10 sticks after the  implement

Read More

  • Related Posts

    India-US Trade Deal: Piyush Goyal Reveals Over Ten Sectors That Will Get A Boost

    The India-US trade deal is expected to unlock fresh investment flows and export opportunities across a wide range of sectors, including artificial intelligence, semiconductors, critical minerals, engineering goods, and labour-intensive industries, Commerce and Industry Minister P Read More

    India Eyes Local Helicopter Manufacturing as Adani Defence, Leonardo Ink MoU

    Adani Defence & Aerospace has signed a memorandum of understanding (MoU) with Italian aerospace and defence major Leonardo to explore the development of a helicopter manufacturing ecosystem in India, amid growing military demand and the government’s push for defence indigenisatio Read More

    Leave a Reply

    Your email address will not be published. Required fields are marked *