itc limited tobacco — Wikipédia Shares of tobacco companies fell
Shares of tobacco companies fell sharply in trade on January 1 after the government imposed higher excise duty on cigarettes, triggering heavy selling across the sector. ITC shares dropped over 10% to ITC Share Price Jumps To A Record After Q2 Results, Analysts Raise Target Price ITC Ltd : Stock Analysis Reasons of Underperformance FMCG or Tobacco? A handful of companies control most of the global tobacco market, and today they look very different from the cigarette giants people remember. By market value, Philip Morris International sits clearly at 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 Cigarette Prices Hiked 30%, Volume Impact Seen Limited ITC Ltd has raised cigarette prices across its premium brands, including Gold Flake and Classic, by roughly 30%, slightly below Nomura's expected 3540%
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