itc cigarette price hike cigarette: increases prices by 4-8% as a result of higher tax ITC's shares dipped sharply after
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 MarketToday ITC shares: Can 35% hike in cigarette prices help the stock recover? Here's the Math http: ow.ly LJBy106znIy itc cigarette price hike Tobacco prices have risen 20% in the past seven months, while ITC Shares Fall Amid Cigarette Excise Duty Hike FinBiz posted on the topic LinkedIn 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 If buying a pack of #cigarettes has suddenly started to feel noticeably heavier on the pocket, it is not just perception. A fresh round of excise duty changes that came into force
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