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 ITC Shares Fall Amid Cigarette Excise Duty Hike FinBiz posted on the topic LinkedIn ITC May Hike Cigarette Prices by 8 10%; Gold Flake Pack Could Cost 125, Say Sources Companies ET Now Cigarette stocks jump 20% Is this a short rally or bigger shift ahead? , Shares of ITC Ltd, Godfrey Phillips India Ltd, and VST Industries Ltd rose sharply after reports said cigarette makers ITC Raises Cigarette Prices to Offset Excise Duties NDTV Profit posted on the topic LinkedIn ITC Plans 8 10% Price Hikes on Select Cigarette Packs Whalesbook

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