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 Plans 8-10% Price Hikes
ITC Plans 8 10% Price Hikes on Select Cigarette Packs Whalesbook ITC and Godfrey Phillips Hike Cigarette Prices in India Kalyan Kumar posted on the topic LinkedIn 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 ITC hikes prices of premium cigarette brands by 7 12%
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