itc limited tobacco Cigarette Prices Hiked 30%, Volume Impact Seen ITC Ltd has raised cigarette prices across its premium brands, including Gold Flake and Classic, by roughly 30%, slightly below Nomura's expected 35–40% 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 Shares Fall 4% as Cigarette Excise Duty Hike Erases Rs. 70,000 Cr Market Value Is ITC Making Crores Through Cigarette Black Marketing In India? Who Really Profits, Follow The ITC Trail Inventiva ITC Limited: From Cigarettes to Diversified Conglomerate Mohini Dubey posted on the topic LinkedIn Elitecon International vs ITC & Godfrey Phillips India: How an Export Led Model Outperformed Domestic Tobacco 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. [

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