News
Consumer goods, agrochem stocks trip on GST 'Losses'
- Date:
- June 21, 2017
- Source:
- Economic Times
Shares of companies in the consumer goods and agrochemicals sectors could be under pressure over the next few weeks as they could suffer losses in the current quarter amid transition to goods and services tax (GST). These companies are in the process of selling their inventories to comply with the new tax regime. Shares of some of these companies have already weakened of late.Electronics goods maj…