Godfrey Phillips India
SENDING PROFITABLE SMOKE SIGNALS
With such leading cigarette brands as Four Square, Marlboro and Red and White under its umbrella, Godfrey Phillips India has been doing exceptionally well in the tobacco segment. Its confectionary business has been more or less dependent on new launches and a significant distribution network. Does this imply that investors should add this stock to their portfolio? The article examines the pros and cons of doing so