Indian cigarette makers up; GST Council leaves cigarette tax unchanged

Godfrey Phillips India

12/03/2018 05:14

** ITC Ltd  ITC.NS  jumps as much as 3.4 pct to 268 rupees,
in its biggest intraday pct gain since Feb 2 
    ** ITC among top pct gainers on broader NSE index  .NSEI 
    ** Godfrey Phillips India Ltd  GDFR.NS  rises as much as 3
pct to 828.60 rupees
    ** Cigarette stocks rise as GST Council did not revise
cigarette taxes at its meeting on Saturday - analysts
    ** Up to Friday's close, ITC's stock had slipped 2.2 pct in
past 12 months, while Godfrey Phillips India's stock fell 20 pct

 ((Reuters Messaging:
Jessica.Kuruthukulangara.reuters.com@reuters.net))