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Tobacco stocks jump as parliamentary panel recommends permit regulated FDI in tobacco

27 Aug 2020 Evaluate

Tobacco industry related stocks were trading higher as a parliamentary panel has recommended permitting regulated foreign direct investment in the tobacco sector and establishing export-only tobacco farms to boost outward shipments.

Godfrey Phillips India is currently trading at Rs. 1034.10, up by 81.15 points or 8.52% from its previous closing of Rs. 952.95 on the BSE. The scrip opened at Rs. 1070.15 and has touched a high and low of Rs. 1090.00 and Rs. 1033.00 respectively.

VST Industries is currently trading at Rs. 3546.35, up by 92.10 points or 2.67% from its previous closing of Rs. 3454.25 on the BSE. The scrip opened at Rs. 3640.00 and has touched a high and low of Rs. 3800.00 and Rs. 3521.95 respectively.

Golden Tobacco is currently trading at Rs. 24.65, up by 1.15 points or 4.89% from its previous closing of Rs. 23.50 on the BSE. The scrip opened at Rs. 24.65 and has touched a high and low of Rs. 24.65 and Rs. 24.65 respectively.

Peers
Company Name CMP
ITC 269.00
Godfrey Phillips Ind 1970.00
VST Industries 205.05
Indian Wood Products 35.51
NTC Industries 136.80
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