ITC on fire along with tobacco stocks despite excise duty smoke in budget

On Monday, tobacco shares had recovered significantly after the early jolt.

Led by ITC Ltd, stocks of tobacco product manufacturers and cigarette makers are trading higher with impressive gains despite the Finance Minister Arun Jaitley on Budget day proposing 10-15% hike in excise duty on tobacco products .
On Monday also, the tobacco shares had recovered significantly after the early jolts.

ITC Ltd is currently trading at Rs. 324.6, up by Rs. 28.8 or 9.74% from its previous closing of Rs. 295.8 on the BSE. The scrip opened at Rs. 305 and has touched a high and low of Rs. 326.5 and Rs. 302 respectively. So far 35994179(NSE+BSE) shares were traded on the counter.

Godfrey Phillips India Ltd is currently trading at Rs. 1158.5, up by Rs. 82.6 or 7.68% from its previous closing of Rs. 1075.9 on the BSE. The scrip opened at Rs. 1082.5 and has touched a high and low of Rs. 1168 and Rs. 1079 respectively. So far 327748(NSE+BSE) shares were traded on the counter.

VST Industries Ltd is currently trading at Rs. 1,610.75, up by Rs. 75.75 or 4.93% from its previous closing of Rs. 1535 on the BSE. The scrip opened at Rs. 1523.5 and has touched a high and low of Rs. 1575 and Rs. 1517.5 respectively. So far 18711(NSE+BSE) shares were traded on the counter.

Golden Tobacco Ltd is currently trading at Rs. 36.4, up by Rs. 0.9 or 2.54% from its previous closing of Rs. 35.5 on the BSE. The scrip opened at Rs. 37 and has touched a high and low of Rs. 37.2 and Rs. 34.95 respectively. So far 7959(NSE+BSE) shares were traded on the counter.

Kothari Products Ltd is currently trading at Rs. 162.6, up by Rs. 3.7 or 2.33% from its previous closing of Rs. 158.9 on the BSE. The scrip opened at Rs. 161.9 and has touched a high and low of Rs. 168 and Rs. 160 respectively. So far 10971(NSE+BSE) shares were traded on the counter.