280.9000 -2.40 (-0.85%)
NSE Jul 10, 2025 15:31 PM
Volume: 208.8K
 

280.90
-0.85%
ICICI Securities Limited
Dealer stocking in previous quarter leads to sales moderation The company witnessed 20% YoY volume growth in Q1FY20 on account of dealer stocking of a week of additional inventories before the Budget in anticipation of introduction of excise duty. As a result, volume growth moderated during the quarter with correction in inventory at the dealer level. In the last two years, the company has changed its product mix in favour of | 5-6 price point, which now accounts for 60% of the portfolio. Moreover, Edition' brand at | 10 /stick accounts for 5% of volumes. We maintain our...
VST Industries Ltd. has lost -11.02% in the last 1 Week
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