Why air jordan 3 fire red ITC scores over its peers<br><br>Even as the shares of tobacco majors Godfrey Phillips and VST Industries have been struggling near their 52week lows, the stock of FMCG major ITC has been on a roll at the bourses. ITC hit a 52week high of Rs 317.45 on Monday before settling at Rs 316.9, still a gain of 0.5 per cent over Thursday closing price.<br><br>According to analysts, ITC was able to increase the price after the Budget, which hiked the excise duty on cigarettes by about 18 per cent except for cigarettes not exceeding 65mm in length. ITC recently increased the price by1520 per cent across almost all categories.<br><br>On Monday, Godfrey Phillips India closed 0.6 per cent lower at Rs 2,460, as against its 52week low price of Rs 2,250 touched on Thursday. VST Industries, which managed to close 1.55 per cent higher at Rs 1,526.30, hit a 52week low of Rs 1,480.5 last Monday.<br><br>The company also released its quarterly results for the fourth quarter ended March on Thursday posting a 5.41 per cent fall in net profit at Rs 34.74 crore against Rs 36.73 crore reported in the yearago period. According to analysts, ITC pricing power is giving the stock an edge over its peers, which are likely to hit more by the taxes.<br><br>A report by Motilal Oswal Financial Services on ITC said: FY13, ITC has passed on the bred 13s 21per cent excise duty increase with 15 per cent plus jordan 8 for sale price hike till date. In first nine months of FY13, ITC cigarette volumes have remained flat despite the significant price hikes. This has helped ITC gain share from VST Industries and Godfrey Phillips. We expect ITC and its competitors focus to increase in this segment, as the FY14 Budget has left excise unchanged for the under 65mm segment.<br><br>Kaustubh Pawaskar of Sharehkhan said: though these recent price hikes by the company might result in flattening volumes, overall revenue growth would be in double digits because of higher price realisations. So, from long term perspective too, the stock is a strong bet for FY14 given the strong balance sheets and cash flows..
相关的主题文章:
- http://blazz.antokoe.com/uncategorized/cdwpvvt-jordan-3-black-cement-z6upflax.html
- http://www.haodede.com/thread-4643-1-1.html
- http://3ck.cn/bbs/home.php?mod=space&uid=175936
- http://adriandilena.com/wiki/index.php?title=User:Acxxqzdcgk#QWIv7bl_jordan_retro_shoes_kCryRJKF
- http://guestbloggernetwork.com/activity/p/101667/
- http://www.ibaoyang.net/forum.php?mod=viewthread&tid=73552
- http://arabo.u-nt.com/profile.php?user=ipe0k3j4i&v=comments
- http://online.filconsult.net/node/203367
- http://www.cigs.in/index.php?option=com_blog&view=comments&pid=19235&Itemid=0
- http://www.robur.de/wiki/index.php?title=User:Anhfmkahdz#vUMMxDy_jordan_shoes_for_sale_pkRa2vUU