itc cigarette price hike cigarette: increases prices by 4-8% as a result of higher tax ITC, Godfrey Phillips Hike Prices

ITC, Godfrey Phillips Hike Prices as Taxes Rise, Demand Dips Whalesbook 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 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 Smokers hit hard as ITC plans to hike cigarette prices by up to 21%, ETRetail ITC, Godfrey Phillips Plan 17% Cigarette Price Hike Amid Consumer Strain Whalesbook

SKU: 16526840266 · From lcog.de