ITC, Varun Beverages

ITC shares fall 3% as GST on cigarettes may be hiked to 35%
Shares of companies like ITC and Godfrey Phillips fell as the GoM decided to increase GST on tobacco and aerated beverages to 35%. ITC shares fell by 3%, VST Industries by 2.3%, and Godfrey Phillips by 3.
Shares Of ITC, Varun Beverages Slip On Tuesday After Reports State GST Hike Likely On Tobacco, Aerated Drinks
The cigarette maker, ITC, saw its shares decline 3 per cent in the intra-day trade today, while aerated drinks maker, Varun Beverages, clocked a 5 per cent fall in the market
Indian shares off to muted start; ITC, Varun Beverages drop on GST hike report
(Reuters) -Indian shares were little changed at the open on Tuesday as consumer stocks fell after a report of a likely tax hike on cigarettes, tobacco and aerated drinks, offsetting broad-based gains.
ITC shares fall over 3% as GoM propose special 35% GST for cigarettes: Should you buy, sell or hold ITC shares?
In line, global brokerage Macquarie maintains an outperform call on the stock with a target of Rs 560- implying an upside of 17.4 per cent. The brokerage said that as the special rate is being proposed for cigarette ITC may be required to increase the prices to make up for the GST increase.
ITC, Godfrey Phillips Share Prices Slide On Proposed Higher GST Rate For Tobacco Products
The proposal was made by the Group of Ministers on GST rate rationalisation, chaired by Bihar’s Deputy Chief Minister Samrat Chaudhary.
Explained: Why ITC, Godfrey Phillips shares fell in early trade today
ITC, Godfrey Phillips stocks fell in early trade after a proposed change from the Group of Ministers (GoM) on GST rate rationalisation.
35% GST Rate Hike Likely On Drinks, Tobacco: How ITC, VST, Varun Beverages Stocks Reacted Today
Shares of ITC, VST Industries and Varun Beverages declined in morning trade on Tuesday after the GoM (Group of Ministers) decided to rework the GST rate. The GoM decided to hike tax on 'sin' goods like aerated beverages,
Stocks of ITC, Varun Beverages, Godfrey Phillips decline amid GST hike report
Shares of ITC, Varun Beverages and Godfrey Phillips India ended lower on Tuesday after the Group of Ministers on GST rate rationalisation decided to hike tax on sin goods like aerated beverages, cigarettes,
ITC, Godfrey Phillips, Varun Beverages shares slip on report of likely GST hike on cigarettes, tobacco, aerated drinks
Varun Beverages share price plunged as much as 5.18%, ITC stock price declined 3%, Godfrey Phillips India shares declined as much as 3.16%, while VST Industries stock fell 2.27% during Tuesday’s trading.
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Why a GST cut alone may not be enough to lower insurance premiums
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ITC Stock Trades As Biggest Nifty Laggards On Report Of Tax Hike
The ITC stock traded as a laggard in the Nifty 50 with 2 per cent decline after a few reports suggested the 35 per cent ...
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Madras HC upholds state GST authorities' power to block ECL for errant firms
CHENNAI: In a significant verdict, the Madras High Court has upheld the authority of the State Goods and Services Tax (GST) ...
GoM's 35 per cent GST proposal raises concerns over impact on cigarettes, luxury cars
A Group of Ministers proposal for 35 per cent GST slab has triggered uncertainty over whether the rate is for sin goods such ...
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GST Hike on Sin Goods Agitates Market
Shares of companies like ITC and Godfrey Phillips fell as the Group of Ministers proposed increasing GST on sin goods to 35% ...