MoneyWorks4Me

GlaxoSmithkline Consumer cuts prices of select products: Report

29 Nov 2017 Evaluate

GlaxoSmithkline Consumer Healthcare has reportedly cut the price of malted food drink Horlicks by nearly 5% for a 500-gm jar, while the price of 500-gm Boost has been cut by 4%. This step has been taken in order to pass on the benefits of the recent reduction in GST rates to the consumer.

GlaxoSmithkline Consumer Healthcare’s core business is manufacturing of health drinks under the brand Horlicks. It exports products to countries like Bangladesh, Myanmar, Sri Lanka, Middle East, Fiji, Mauritius, Nepal, Bhutan and many more.



Peers
Company Name CMP
Nestle India 1254.00
Varun Beverages 419.80
Britannia Industries 4705.00
LT Foods 406.30
Hatsun Agro Product 1143.95
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