itc cigarette price hike Today Shares of manufacturers, including and Godfrey Phillips India, have witnessed a major spike after reports of hikes. The surge comes as the companies look to offset the impact According to a report by

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 Cigarette Prices Raised By ITC, Godfrey Phillips Check New Rates For Gold Flake, Classic, Marlboro 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 Smokers hit hard as ITC plans to hike cigarette prices by up to 21%, ETRetail ITC & Godfrey Phillips Alert 20% Volume Drop In Cigarettes After Steep Excise Duty Hike Exclusive

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