itc cigarette price hike ππ #MarketToday ITC has sharply raised cigarette
ITC has sharply raised cigarette prices across some categories, negating the impact of excise duty on its operating income. Prices for Gold Flake and Classic (Premium) has been hiked by 41%, Classic itc cigarette price hike Cigarette stocks rose up to 6.5% on April 29 as a report 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 Price Hikes Are Very Sharp; Will Be Passed On In A Staggered Manner: Sanjiv Puri, ITC CNBC TV18 Cigarette prices have increased by at least 22 to 25 per pack of 10 sticks following the implementation of additional excise duty from February 1. Tap to read: https: www.hindustantimes.com india news cigarette prices surge as high as 55 per pack
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