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Shares of tobacco, beverages companies fall on proposed higher GST Rate

03 Dec 2024 Evaluate

Shares of tobacco and beverages companies fell on the BSE, amid reports that the government may hike Goods and Services Tax (GST) on cigarettes, tobacco and aerated drinks.

Varun Beverages is currently trading at Rs. 621.65, down by 11.15 points or 1.76% from its previous closing of Rs. 632.80 on the BSE.

Godfrey Phillips India is currently trading at Rs. 5684.00, down by 73.75 points or 1.28% from its previous closing of Rs. 5757.75 on the BSE.

ITC is currently trading at Rs. 472.20, down by 4.95 points or 1.04% from its previous closing of Rs. 477.15 on the BSE.


Varun Beverages Share Price

474.05 12.75 (2.76%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Varun Beverages 474.05
Nestle 1285.65
Britannia Inds 5733.75
LT Foods 422.10
Hatsun Agro Product 979.20
View more..

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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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