itc cigarette price hike has sharply raised 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 📈📉 #MarketToday | #Nomura in

#MarketToday #Nomura in its latest note said #ITC Ltd had begun implementing #cigarette price hikes, but the increases were lower than the brokerage's expectations for most brands. As a result 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 cigarette: ITC increases cigarette prices by 4 8% as a result of higher tax The Economic Times Big relief for cigarette majors ITC and Godfrey Phillips , Organized players have implemented steep price hikes across segments, helping offset the excise duty impact. As a result, FY27 EBIT 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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