itc cigarette price hike India's posts profit uptick on tax-led hikes, Middle East crisis drags According to a report by

According to a report by NDTV Profit citing B&K Securities, Godfrey Phillips increased the price of Pocket Marlboro to Rs 85 from Rs 70, while ITC raised the price of Gold Flake ITC has sharply raised cigarette 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 If buying a pack of #cigarettes has suddenly started to feel noticeably heavier on the pocket, it is not just perception. A fresh round of excise duty changes that came into force ITC's Price Hikes Helped Mask A Tax Hit In Cigarettes Finimize ITC, Godfrey Phillips, other cigarette stocks jump up to 13% amid reports of price hike The Economic Times

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