Today: Ultratech Cement Q4, Covaxin being directly supplied to states, & more
The markets gained today for the 4th straight day with stocks from the metal and pharma sectors performing well.
Q4 Results Corner: Ultratech Cement
Net profit = Rs 1,775.23 crores - 45% fall from the same quarter last year.
Dividend of Rs. 37 per share.
Share price fell 1.22% - Rs 6,403.1 per share.
Yes, we know this all too well today but there was a time the general public wasn’t so sure.
Around the 1950s, against the wishes of some companies, new research surfaced - cigarettes are bad.
Cigarette brands were suddenly panicking. How would they sell?
Many big brands back then resorted to measures they hoped would be enough.
Better filters, lesser tobacco content, higher quality paper, and a bunch of other tactics were used. The marketing campaign for them was equally hyped.
But none of these actually proved to make cigarette smoking noticeably safer.