ITC, Godfrey Phillips, and VST Industries shares are poised for gains as excise duties on cigarettes remain unchanged in the 2025-26 Union Budget. ITC’s shares boosted by personal tax cuts and a stable tax environment. Analysts maintain a positive outlook for ITC, expecting earnings visibility and moderate tax pressure.
Sundaram Alternates floats hybrid fund, to raise Rs 1,500 crore
Sundaram Alternates is launching a hybrid private credit and equity fund targeting ₹1,500 crore, aiming for 18-20% returns. The fund will allocate 51-60% to listed