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Share price of this cigarette company has nearly doubled in 10 months

Shares of Godfrey Phillips hit a new high of Rs 1,842.70 as they rallied 5% on the BSE in Thursday's intra-day trade, and have zoomed 97% from its February low of Rs 937 on the BSE.

Illustration: Ajay Mohanty
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Illustration: Ajay Mohanty

SI Reporter Mumbai
Shares of Godfrey Phillips hit a new high of Rs 1,842.70 as they rallied 5 per cent on the BSE in Thursday’s intra-day trade in an otherwise subdued market. The stock of cigarette company surpassed its previous high of Rs 1,838, touched on November 14, 2022. In comparison, the S&P BSE Sensex was down 0.10 per cent at 61,921.

In the past one month, the stock price of Godfrey Phillips has surged 40 per cent, as compared to 7 per cent rise in the Sensex. The stock price of the company has zoomed nearly 100 per cent from its