itc cigarette price hike Smokers hit hard as plans to prices by up to 21%, ETRetail ITC smokes now 14-18% costlier
ITC smokes now 14 18% costlier ITC and Godfrey Phillips Hike Cigarette Prices in India Kalyan Kumar posted on the topic LinkedIn 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 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. [ #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 ETNOWExclusive ITC mulling 8 10% price hike in select cigarette packs, sources tell @akankshakmtt #ITC #Cigarette #Stockmarket
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