itc cigarette price hike target slashed 26% on likely price hikes ITC hikes cigarette prices by
ITC hikes cigarette prices by 20% to offset rise in tax The Economic Times 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 ITC hikes prices of premium cigarette brands by 7 12% cigarette: ITC increases cigarette prices by 4 8% as a result of higher tax The Economic Times 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's Price Hikes Helped Mask A Tax Hit In Cigarettes Finimize
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