itc cigarette price hike ITC, Godfrey Phillips, other stocks jump up to 13% amid reports of ITC Ltd. has sharply raised

ITC Ltd. has sharply raised cigarette prices across some categories, negating the impact of excise duty on its operating income, according to on ground study by analysts at B&K Securities and InCred. [ FlipItMoney ITC shares came under focus after the government increased excise duty on cigarettes, leading to price hikes across segments. The move is Instagram SourcesSay ET Now Exclusive : ITC Likely To Hike Cigarette Prices 20 To 40 Percent Sources say ITC could raise cigarette prices across brands as the new tobacco tax regime kicks ITC Plans 8 10% Price Hikes on Select Cigarette Packs Whalesbook ITC's cigarette price hikes may cushion volumes, but hurt margins: Nomura Markets News Business Standard

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