286.4500 12.65 (4.62%)
NSE May 12, 2025 11:56 AM
Volume: 178.2K
 

286.45
4.62%
ICICI Securities Limited
VST Industries reported resilient sales despite manufacturing, supply chain as well as retails selling points remaining closed for~40 days. Gross sales declined merely 4.4% but net of excise, sales were down 19.4%. Cigarette sales de-grew 4% to | 274.7 crore while tobacco sales fell 7% to | 40 crore. Cigarette volumes were down 39% (similar to ITC's decline of ~40%). The company took a blended price hike of 11% after the excise increase in Budget in February 2020. The new price points for Edition', Total' are | 11, | 7, respectively. More, importantly it curtailed trade promotions & schemes...
VST Industries Ltd.'s price crossed above 50Day SMA today
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