News for Godfrey Phillips India Limited (GODFRYPHLP.NS)

Shares of cigarette manufacturer Godfrey Phillips India surged 10 per cent to reach ₹7,741.8 on Tuesday, marking a remarkable 54.84% rally over 3 trading sessions.

Out of the 938 stocks in the BSE Smallcap index analysed by ETMarkets, 909 stocks ended the week in the red with the highest fall of 41% witnessed in NGL Fine-Chem.

The NSE Nifty 50 and BSE Sensex were trading in losses during noon. The indices were 0.74% and 0.58% down, respectively, as of 12:05 p.m. Power Finance Corp Ltd., Senco Gold Ltd., Deepak Nitrite Ltd., ITC Ltd., Godfrey Phillips India Ltd., Manappuram Finance Ltd. were in news around noon.

Buzzing stocks Stocks that will see action today 9 September 2024: Ola Electric, Jio Financial, HUL, Shriram Fin, Adani Enterprises, Signature Global, Ahluwalia Contracts, Tata Power, SpiceJet, Metro Brands, Godfrey Phillips, Indigo Paints, Suzlon, Au Small Finance, Nykaa, Wardwizard Innovations, Mazagaon Doc, Seven Pharma, Ami Organics

From the BJP’s release of the party manifesto for the Jammu and Kashmir Assembly Election to RBI’s maintaining the status quo on policy rates, SC’s refusal, and Congress’s accusation of SEBI chief Madhabi Buch of corruption, here are the top news stories of the day.

Godfrey Phillips share price: Bourses BSE and NSE have put the securities of Godfrey Phillips under the long-term ASM (Additional Surveillance Measure) framework. Exchanges put stocks in short-term or long-term ASM frameworks to caution investors about high volatility in share prices.

Indian stock markets show modest gains driven by global cues, with Sensex at 80,465.67 and Nifty at 24,578.50.

Buzzing Stocks Today, Stocks that will see action today: August 1, 2024 -- Infosys, Wipro, Automobile companies, SIS, Graphite India, Bharat Forge, Godfrey Phillips, Indian Hotels, Oil PSUs, GE Powe

Shares of ITC surged by nearly 6.52% on Tuesday as the government keeps the tax unchanged for cigarettes and tobacco products during the Union Budget 2024-25 announced by Finance Minister Nirmala Sitharaman. In contrast, shares of its competitor, Godfrey Phillips India Ltd., fell by 3.28% on the NSE.

The NSE Nifty 50 settled at 24,801, while the S&P BSE Sensex ended at 81,343. Closing at over 24,800, Nifty surged 188 points on Thursday, forming a long bull candle on the daily chart. The 10-day EMA provided consistent support during periods of consolidation throughout the expiry session.

Shares of Godfrey Philips India, a flagship company of KK Modi Group, hit a record high of Rs 4,785.5 as they surged 17.8 per cent on the BSE on Monday

Domestic headline indices Nifty 50 and Sensex finished at record closing highs yet again boosted by strong domestic inflows as well as a climb in global equities. For the last few days, Nifty has been moving sideways on an intraday basis, but eventually it has moved up above 23,500. MACD showed bullish trade on the counters of ABB India, Hindustan Aeronautics, Cochin Shipyards, BEML, Godfrey Phillips India, and Cummins India.

Two stocks, IIFL Finance and JM Financial, on the NSE have continued to trade at the lower circuit.

In Q3, FIIs reduced their stake in Hindustan Unilever to 13.65 percent from the previous quarter's 13.90 percent. Their stake in ITC dropped to 43.26 percent from 43.34 percent, as per the latest shareholding pattern data from exchanges

Nifty futures on the NSE International Exchange traded 95.50 points, or 0.44 per cent, higher at 21,649.50, hinting at a positive start for the domestic market on Monday.

Based on the OI percentage, 81 stocks were on the short-covering list. These include Indraprastha Gas, Britannia Industries, Dr Lal PathLabs, Mahanagar Gas, and Maruti Suzuki India.

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Stocks to Watch: Check out the companies making headlines before the opening bell today.

The 30-share BSE Sensex pack jumped 1,031 points or 1.78 per cent to close at 58,992; while the broader NSE Nifty index moved 279 points or 1.63 per cent higher to settle at 17,360.