3 August 2026 at 3:44 pm
Summary
Godfrey Phillips shares surged by 6% following ITC's strong Q1 earnings report, which boosted sentiment across the cigarette sector. Analysts suggest that the impact of tax-led disruptions may be easing, though concerns about margin recovery and illicit cigarette competition persist.
Godfrey Phillips Shares Fall 6% as Q1 Net Profit Declines Over 44% Amid Tax Hike
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