itc cigarette price hike Prices Raised By ITC, Godfrey Phillips Check New Rates For Gold Flake, Classic, Marlboro ITC Shares Fall 10% Amid

ITC Shares Fall 10% Amid Cigarette Price Hike Fears moneycontrol.com posted on the topic LinkedIn 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 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 ITC's Price Hikes Helped Mask A Tax Hit In Cigarettes Finimize SourcesSay ET Now Exclusive : ITC Likely To Hike Cigarette Prices 20 To 40 Percent Sources say ITC could raise cigarette prices across brands as the new tobacco tax regime kicks Cigarette Prices To Go Up Again? ITC, Godfrey Phillips In Focus As 17% Price Hike Expected

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