Powered by: Motilal Oswal
2024-07-23 12:59:46 pm | Source: Accord Fintech
FMCG stocks higher as FM announces changes in new tax regime

Stock related to FMCG sector trades higher after, Finance Minister Nirmala Sitharaman announced that changes in new tax regime -- Standard deduction proposed to increased to Rs 75,000 from Rs 50,000.

ITC is currently trading at Rs. 479.15, up by 12.85 points or 2.76% from its previous closing of Rs. 466.30 on the BSE. The scrip opened at Rs. 467.05 and has touched a high and low of Rs. 481.25 and Rs. 466.55 respectively. So far 711540 shares were traded on the counter.

Godrej Consumer Products is currently trading at Rs. 1492.55, up by 21.85 points or 1.49% from its previous closing of Rs. 1470.70 on the BSE. The scrip opened at Rs. 1451.00 and has touched a high and low of Rs. 1516.60 and Rs. 1451.00 respectively. So far 27967 shares were traded on the counter.

Tata Consumer Products is currently trading at Rs. 1224.45, up by 21.85 points or 1.82% from its previous closing of Rs. 1202.60 on the BSE. The scrip opened at Rs. 1216.00 and has touched a high and low of Rs. 1240.05 and Rs. 1200.45 respectively. So far 71873 shares were traded on the counter.

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here
Latest News
Breaking the Stigma: Transforming Perceptions and Em...

Pre-Budget Expectations: What the Common Man Expects

Mithila Palkar says her`Sweet Dreams`character is co...

Will give my 200 pc and that`s my commitment to you,...

Pre-Budget 2025: Expectations on Taxation Policies

Union Budget: COAI calls for further reforms to revi...

India`s Oberoi Realty posts Q3 profit jump on strong...

Education Sector Expectations: Making Quality Learni...

India refiners ask ADNOC to offer oil delivered pric...

``The Power of Preventive Healthcare: Your Ultimate ...