itc cigarette price hike target slashed 26% on likely price hikes ITC Introduces Smaller, More Affordable

ITC Introduces Smaller, More Affordable Classic Cigarettes Amid Rising Price Pressures, In a strategic move to navigate rising taxes and repeated price hikes, ITC has reportedly launched smaller and 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 ITC Launched Smaller, Cheaper Classic Cigarettes To Cushion Price Hikes, Say Dealers MarketToday ITC's phased cigarette price hikes: Will the strategy pay off? Share price target http: ow.ly 1y2G106zhPY ITC Plans 8 10% Price Hikes on Select Cigarette Packs Whalesbook

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