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 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. [ ITC, Godfrey Phillips, other cigarette stocks jump up to 13% amid reports of price hike The Economic Times ITC Raises Cigarette Prices to Offset Excise Duties NDTV Profit posted on the topic LinkedIn ITC smokes now 14 18% costlier FlipItMoney ITC shares came under focus after the government increased excise duty on cigarettes, leading to price hikes across segments. The move is Instagram ITC Shares Fall 10% Amid Cigarette Price Hike Fears moneycontrol.com posted on the topic LinkedIn
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