ITC, Godfrey Phillips, and VST Industries shares are poised for gains as excise duties on cigarettes remain unchanged in the ...
Axis Securities believes raising of excise duty or NCCD duty on cigarettes and tobacco products will have a bearing on cigarette players such as ITC, Godfrey Phillip and VST Industries.
Another company to struggle in the day's trade was another behemoth of the 'Sin Goods' market, ITC (formerly known as Indian Tobacco Company). Godfrey Phillips India Ltd The shares of Godfrey ...
However, Philip Morris, the world’s largest tobacco company, allegedly made indirect payments to its manufacturing partner, Godfrey Phillips, to produce its iconic Marlboro cigarettes.