Skip to main content

MoneyWorks4Me

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.


Peers
Company Name CMP
Nestle India 1178.40
Varun Beverages 413.20
Britannia Industries 4674.70
LT Foods 378.95
Hatsun Agro Product 1013.80
View more..