itc cigarette price hike 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. businesses are sensitive ITC's Price Hikes Helped Mask
ITC's Price Hikes Helped Mask A Tax Hit In Cigarettes Finimize Today Shares of cigarette manufacturers, including ITC and Godfrey Phillips India, have witnessed a major spike after reports of price hikes. The surge comes as the companies look to offset the impact ITC, Godfrey Phillips Plan 17% Cigarette Price Hike Amid Consumer Strain Whalesbook ITC, Godfrey Phillips Hike Prices as Taxes Rise, Demand Dips Whalesbook ITC smokes now 14 18% costlier
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