New Delhi, April 17 -- Shares of Radhakishan Damani-backed VST Industries rallied a whopping 19% in trade on Friday, 17 April, after the company posted a sharp growth in its quarterly performance a day ago, even as the January-March period was marked by a sharp increase in taxes and a subsequent hike in cigarette prices.

Following the Q4 results announcement a day ago, VST Industries share price jumped 18.54% to Rs.286.40 on the BSE. It had closed at Rs.241.60 apiece in the last session.

The cigarettes and tobacco products maker is also part of ace investor Radhakrishna Damani's stock portfolio, who held a 29.1% stake in the company as of the March quarter of 2026.

VST Industries' Q4 profit in the recently concluded financial year came...