For ITC, cigarettes constitute more than 80% of the company’s net profit and about 45% of its topline. Therefore, tinkering in taxes has an impact on the company’s financials.
KRN Heat Exchanger shares hit 5% upper circuit as Q1 net profit more than doubles
Shares of KRN Heat Exchanger and Refrigeration hit a upper circuit on Thursday, following a strong Q1 FY27 earnings performance. The rally was driven by