itc cigarette price hike Prices To Go Up Again? ITC, Godfrey Phillips In Focus As 17% Expected ITC & Godfrey Phillips Alert

ITC & Godfrey Phillips Alert 20% Volume Drop In Cigarettes After Steep Excise Duty Hike Exclusive MarketToday ITC's phased cigarette price hikes: Will the strategy pay off? Share price target http: ow.ly 1y2G106zhPY 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 Smokers hit hard as ITC plans to hike cigarette prices by up to 21%, ETRetail

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