itc cigarette price hike ITC's shares dipped sharply after analysts flagged that the new excise duty on cigarettes could squeeze margins unless the company hikes retail prices by around 15% or more. businesses are sensitive ITC Introduces Smaller, More Affordable
ITC Introduces Smaller, More Affordable Classic Cigarettes Amid Rising Price Pressures, In a strategic move to navigate rising taxes and repeated price hikes, ITC has reportedly launched smaller and ITC gains on Gold Flake price hike Reuters ITC hikes cigarette prices by 20% to offset rise in tax The Economic Times Today Shares of cigarette manufacturers, including ITC and Godfrey Phillips India, have witnessed a major spike after reports of price hikes. The surge comes as the companies look to offset the impact According to a report by NDTV Profit citing B&K Securities, Godfrey Phillips increased the price of Pocket Marlboro to Rs 85 from Rs 70, while ITC raised the price of Gold Flake
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