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TOBACCO STOCKS NEWS
These 7 private and public banking stocks have an upside of up to 24% in one year, according to analystsAt the end of the day, both private and PSU banks are equally impacted by what goes on in the economy. If they are behaving differently in ...- These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsThe latest escalation in the US-Iran war means that crude oil price is back as a risk for India. Although we are in a market already strugg...
- These 9 banking stocks have an upside potential of up to 32% in 1 year, according to analystsIt is always important to make a distinction between sentiment and real business. While sentiment can impact prices in the short term, it i...
- These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsGiven the latest news flow from the Gulf region, the probability is high that we might once again see the bulls attempting a comeback. As u...
- ITC, Godfrey Phillips shares rally up to 7% on reports of 17% hike in cigarettes priceITC and Godfrey Phillips India shares jumped up to 7% on Wednesday after a report said both companies may raise cigarette prices by as much...
- Cigarette prices jump as new excise regime kicks in, stoking smuggling fearsCigarette prices have significantly increased following a new excise duty. This tax hike, the first in seven years, aims to align India's t...
- Cigarette stocks ITC, Godfrey Phillips, VST down up to 4%. Here's whyFollowing the news, VST Industries shares fell 4% to day's low of Rs 287.20, Godfrey Phillips stock fell about 4% while ITC fell over 2% to...
- Budget does not singe ITC with tax hike, shares top Rs 500-markAfter the budget, global brokerage Jefferies upgraded the stock from hold to buy and raised the target price to ₹585 from ₹435, citing ITC'...
- ITC gains could go up in smoke if tobacco taxes rise in BudgetITC shares had seen a technical breakout in September after moving in a range of ₹200-220 for several months. From a low of ₹199.1 hit in e...
- Tobacco tax concern may weigh on ITC shares till BudgetAnalysts at Jefferies said that while there is no visibility on the outcome, the news flow has raised uncertainty till the Budget, keeping ...
- BAT turns down ITC proposal to hand out ESOPsBAT didn’t support the move as the London firm didn’t want its 29% stake getting reduced.
- Buzzing stocks of the week: Buffett link lifts Rupa; liquor, cigarette stocks get highThe BSE Sensex gained 702.76 points, or 2.42 per cent, for the week to settle at 29,648 on Friday. The Nifty50 surged 225 points, or 2.52 p...
- Tobacco stocks up in smoke as govt mulls FDI banAt present, FDI is permitted in technology collaboration in any form, including licensing for franchise, trademark, brand name and manageme...
- Plan to ban tobacco FDI may singe cigarette companiesThe ministry has already circulated a draft Cabinet note to seek views of different departments including health, finance, commerce and Nit...
- Government to clamp down on CSR activities of tobacco companies; disallow ads on mobile, InternetThe anti-tobacco legislation is being amended to make it more compliant with WHO’s Framework Convention on Tobacco Control (FCTC).
- ITC bounces back on value buying; Morgan Stanley says 'buy on dips'The stock has remained range-bound after hitting a new high of Rs 386.75 in May this year, but has managed to rally over 12 per cent so far...
- Ban on sale of loose cigarettes: ITC's stock drop 5% to Rs 355ITC’s stock dropped 5% to Rs 355.70 on Tuesday on news that the health ministry has accepted the recommendation of expert panel to ban the ...
- Government moves to ban sale of loose cigarettesSale of loose cigarettes in India could be banned and the minimum age for selling tobacco products raised as the Health Ministry has moved ...
- Shisha to be banned in Singapore from later this monthSingapore today decided to impose a ban on Shisha smoking, saying it is no less harmful than other forms of tobacco.
- Union budget 2012-13: Cigarette prices to go up; no impact in stock priceBudget 2012 announced a proposal to increase basic excise duty on cigarettes of more than 65mm length by adding an ad valorem component of ...
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