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Shares of cigarette companies are in focus with ITC rallying over 5% in morning deals, after the Goods and Services Tax (GST) Council on Thursday cleared a proposal to cap the cess on tobacco and cigarettes.
ITC surged 7.5% to Rs 288 on BSE in intra-day trade. The stock was trading close to its lifetime high of Rs 292, touched on February 7, 2017.
Godfrey Phillips India (up 5% at Rs 1,346), VST Industries (4% at Rs 2,748) and Golden Tobacco (3% at Rs 82) are other stocks rallied over 2% on BSE in intra-day trade. On comparison,
ITC surged 7.5% to Rs 288 on BSE in intra-day trade. The stock was trading close to its lifetime high of Rs 292, touched on February 7, 2017.
Godfrey Phillips India (up 5% at Rs 1,346), VST Industries (4% at Rs 2,748) and Golden Tobacco (3% at Rs 82) are other stocks rallied over 2% on BSE in intra-day trade. On comparison,
