itc cigarette price hike has sharply raised 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 ITC's Cigarette Price Hikes Cushion
ITC's Cigarette Price Hikes Cushion A New Tax Hit Finimize Big relief for cigarette majors ITC and Godfrey Phillips , Organized players have implemented steep price hikes across segments, helping offset the excise duty impact. As a result, FY27 EBIT 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 and Godfrey Phillips Hike Cigarette Prices in India Kalyan Kumar posted on the topic LinkedIn ITC price target slashed 26% on likely cigarette price hikes The Times of India #MarketToday #Nomura in its latest note said #ITC Ltd had begun implementing #cigarette price hikes, but the increases were lower than the brokerage's expectations for most brands. As a result
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