itc cigarette price hike Hikes Are Very Sharp; Will Be Passed On In A Staggered Manner: Sanjiv Puri, Cigarette Prices Raised By ITC,
Cigarette Prices Raised By ITC, Godfrey Phillips Check New Rates For Gold Flake, Classic, Marlboro ITC & Godfrey Phillips Alert 20% Volume Drop In Cigarettes After Steep Excise Duty Hike Exclusive Big relief for cigarette majors ITC and Godfrey Phillips , Organized players have implemented steep price hikes across segments, helping offset the excise duty impact. As a result, FY27 EBIT NewsDotz Shares of major tobacco companies saw a noticeable rise after reports indicated a possible increase in cigarette prices from next month. Instagram 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. Cigarette businesses are sensitive
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