Varun Beverages Share Fall

Indian shares off to muted start; ITC, Varun Beverages drop on GST hike report
(Reuters) -Indian shares were little changed at the open on Tuesday as consumer stocks fell after a report of a likely tax hike on cigarettes, tobacco and aerated drinks, offsetting broad-based gains.
Varun Beverages Share Fall After Centre Proposes 35% GST On Aerated Beverages
The Indian Stock markets woke up to the news of the Group of Ministers (GoM) proposing changes to tax, more specifically, the GST regime in India. One of the proposed changes includes a 35 per cent special rate on tobacco and aerated products.
Shares Of ITC, Varun Beverages Slip On Tuesday After Reports State GST Hike Likely On Tobacco, Aerated Drinks
The cigarette maker, ITC, saw its shares decline 3 per cent in the intra-day trade today, while aerated drinks maker, Varun Beverages, clocked a 5 per cent fall in the market
Varun Beverages shares fall as much as 5% on CNBC-TV18 report of potential GST rate tweaks
CNBC-TV18 reported on December 2 that the Group of Ministers (GoM) have decided to propose a 35% special GST rate on aerated drinks, along with Tobacco and Tobacco products.
Stocks Of ITC, Varun Beverages, Godfrey Phillips Decline Amid GST Hike Report
Shares of ITC, Varun Beverages and Godfrey Phillips India ended lower on Tuesday after the Group of Ministers on GST rate rationalisation decided to hike tax on sin goods like aerated beverages, cigarettes,
Varun Beverages shares 3.39% as Nifty gains
Shares of Varun Beverages Ltd. traded 3.39 per cent in Monday's trade at 09:59AM (IST). Around 68,668 shares changed hands on the counter. The scrip opened at Rs 624.95 and touched an intraday high and low of Rs 643.
Varun Beverages shares fall 5% on possible hike in GST rate to 35%
The Group of Ministers on GST rate rationalisation has recommended to raise tax on aerated beverages to 35% from the current 28%.
Why ITC, Varun Beverages, Godfrey Phillips shares dropped today
Shares of ITC fell 2.94 per cent to hit a low of Rs 463.10. Godfrey Phillips India declined 2.45 per cent to Rs 5,616.85. VST Industries was down 0.12 per cent at Rs 325.30. The PepsiCo bottler Varun Beverages slipped 3 per cent to Rs 613.
35% GST — Shares of ITC, Varun Beverages fall up to 5% after CNBC-TV18 newsbreak
Cigarettes is a significant contributor to ITC's overall topline and is one of the major businesses for the company aside of FMCG & other, Agri, Paper and Hotels.
Varun Beverages shares slip over 5% as GST on aerated beverages may be hiked to 35%
Shares of Varun Beverages fell by 5.2% as the Group of Ministers proposed raising the GST rate on aerated drinks to 35%. This hike in taxes affects Varun Beverages significantly since most of its revenue comes from India’s aerated beverages segment.
ITC, Varun Beverages Shares Fall Up To 5% On Possible Hike In GST Rate To 35%
Shares of ITC Ltd., Varun Beverages Ltd., VST Industries Ltd., and other companies linked to cigarettes and beverages dropped by up to 5%
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