February 6, 2026
admin
ITC Ltd and Godfrey Phillips India Ltd surged on February 6, with ITC up ~5% and Godfrey Phillips jumping over 11%, recovering to month-high levels. The rally follows clarity on excise duty implementation under the Central Excise (Amendment) Bill, 2025, easing near-term uncertainty despite higher levies alongside GST. Godfrey Phillips posted an 8.7% YoY profit rise and strong revenue growth, while ITC saw value buying on steady Q3 performance, led by resilient cigarette volumes and double-digit growth in FMCG.
At 12:15 pm on February 6, ITC shares were top Nifty gainer and were trading 4.72% higher at Rs 325 apiece while those of Godfrey Phillips were trading 11.3% higher at Rs 2,207 apiece. Godfrey Phillips India Ltd on Friday reported an 8.7% rise in its consolidated net profit to Rs 343.29 crore for the December quarter of FY26.
Meanwhile, Nifty FMCG index was the top gainer on February 6 with ITC leading the gains with 5.5% jump. Value buying has emerged in the stock after its Q3 net profit rose marginally to Rs 5,018 crore.
