Real-time Stock quotes, portfolio, LIVE TV and more.
Wed, Oct 10, 2012 at 08:37
Brokerage: Deutsche Bank
Target: Rs 300
Rationale: The cumulative increase in the cigarette portfolio is now almost 23% in the last one year, exceeding the excise duty hike of 21%. Aggressive price hikes point to the resilience of the market and in company's confidence to raise prices without compromising volumes.