itc cigarette price hike ππ #MarketToday Cigarette stocks jump 20% π
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 According to a report by NDTV Profit citing B&K Securities, Godfrey Phillips increased the price of Pocket Marlboro to Rs 85 from Rs 70, while ITC raised the price of Gold Flake 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. [ cigarette: ITC increases cigarette prices by 4 8% as a result of higher tax The Economic Times ITC hikes cigarette prices by 20% to offset rise in tax The Economic Times ITC has sharply raised cigarette prices across some categories, negating the impact of excise duty on its operating income. Prices for Gold Flake and Classic (Premium) has been hiked by 41%, Classic
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