itc cigarette price hike 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 Cigarette stocks jump 20% 🚀

Cigarette stocks jump 20% Is this a short rally or bigger shift ahead? , Shares of ITC Ltd, Godfrey Phillips India Ltd, and VST Industries Ltd rose sharply after reports said cigarette makers itc cigarette price hike Cigarette stocks rose up to 6.5% on April 29 as a report 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'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 ITC & Godfrey Phillips Alert 20% Volume Drop In Cigarettes After Steep Excise Duty Hike Exclusive Cigarette Prices Raised By ITC, Godfrey Phillips Check New Rates For Gold Flake, Classic, Marlboro

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