VST Industries

Dividend-paying stocks attract long-term investors seeking income and capital appreciation. Radhakishan Damani's portfolio includes VST Industries and Advani Hotels, both with strong dividend histories.

VST Industries share price jumped 18.54% to ₹ 286.40 on the BSE following the Q4 results announcement. The cigarettes and tobacco products maker is also part of ace investor Radhakrishna Damani's stock portfolio.

Godfrey Phillips, VST Industries, and ITC shares declined up to 8% after a price hike on cigarettes due to new excise duties. Concerns over sales and profitability grow as consumers face higher costs for popular brands.

VST Industries Share Price Today: SBI Mutual Fund has disposed 65,705 shares representing 0.038 per cent of the company's paid-up share capital. The final holding of SBI MF is 3.69 per cent of the company's share capital.

Radhakishan Damani opposed the appointment of BAT's Naresh Kumar Sethi as VST Industries' chair, leading to a failed shareholder resolution. His concerns about VST's management strategy signal rare dissent from a significant investor, reflecting transparency issues.

Varun Beverages share price plunged as much as 5.18%, ITC stock price declined 3%, Godfrey Phillips India shares declined as much as 3.16%, while VST Industries stock fell 2.27% during Tuesday’s trading.

Radhakishan Damani sold 1 lakh shares of VST Industries for ₹ 4.4 crore. Reliance Mutual Fund and Thrift Savings Plan bought the shares. VST Industries shares have increased 36 per cent over the past year, closing at ₹ 440 on Thursday.

Here’s a quick look at stocks likely to be in focus in today's trade.