itc cigarette price hike Today Shares of manufacturers, including and Godfrey Phillips India, have witnessed a major spike after reports of hikes. The surge comes as the companies look to offset the impact Cigarette prices have increased by

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 ITC May Hike Cigarette Prices by 8 10%; Gold Flake Pack Could Cost 125, Say Sources Companies ET Now ITC Banks On Shorter Length Cigarettes Amid Price Hikes Check Morgan Stanley's Target Price Cigarette Prices To Go Up Again? ITC, Godfrey Phillips In Focus As 17% Price Hike Expected 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 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

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