itc cigarette price hike 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. businesses are sensitive cigarette: ITC increases cigarette prices
cigarette: ITC increases cigarette prices by 4 8% as a result of higher tax The Economic Times FlipItMoney ITC shares came under focus after the government increased excise duty on cigarettes, leading to price hikes across segments. The move is Instagram ITC hikes cigarette prices by 20% to offset rise in tax The Economic Times 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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