itc cigarette price hike Today Shares of manufacturers, including and Godfrey Phillips India, have witnessed a major spike after reports of hikes. The surge comes as the companies look to offset the impact ITC's shares dipped sharply after

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 India's ITC posts profit uptick on tax led price hikes, Middle East crisis drags Reuters ITC, Godfrey Phillips Plan 17% Cigarette Price Hike Amid Consumer Strain Whalesbook ITC May Hike Cigarette Prices by 8 10%; Gold Flake Pack Could Cost 125, Say Sources Companies ET Now 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

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