/ FMCG Companies Stocks Gain ITC Zooms 4% ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Friday, 4 November 2016


Shares of the FMCG stocks rallied after the GST council decided on a four tier tax rate structure. The tax rate slabs have been fixed at 5%, 12%, 18% and 28%, Finance Minister Arun Jaitley said in a press conference in New Delhi.

FMCG stocks were the prominent gainers in the Nifty today. The BSE FMCG is trading up 2% or 160 points at 8,549 as against the previous close of 8,389. The BSE FMCG opened at 8,577 and hits a high of 8,682 and a low of 8,534.17

ITC Ltd is currently trading at Rs 250.85, up by Rs 10.5 or 4.37% from its previous closing of Rs 240.35 on the BSE. The scrip opened at Rs 251 and has touched a high and low of Rs 256 and Rs 248.05 respectively. So far 25100662 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 291185.32 crore.

Colgate-Palmolive (India) Ltd is currently trading at Rs 988.6, up by Rs 37.1 or 3.9% from its previous closing of Rs 951.5 on the BSE. The scrip opened at Rs 972 and has touched a high and low of Rs 1031.6 and Rs 972 respectively. So far 1292938 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 25879.43 crore.

Dabur India Ltd is currently trading at Rs 297.35, up by Rs 5.45 or 1.87% from its previous closing of Rs 291.9 on the BSE. The scrip opened at Rs 293.85 and has touched a high and low of Rs 300.8 and Rs 293.3 respectively. So far 1158967 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 51418.78 crore.
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