itc cigarette price hike Hikes Are Very Sharp; Will Be Passed On In A Staggered Manner: Sanjiv Puri, ITC, Godfrey Phillips Hike Prices
ITC, Godfrey Phillips Hike Prices as Taxes Rise, Demand Dips Whalesbook 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 Today Shares of cigarette manufacturers, including ITC and Godfrey Phillips India, have witnessed a major spike after reports of price hikes. The surge comes as the companies look to offset the impact ITC Shares Fall 10% Amid Cigarette Price Hike Fears moneycontrol.com posted on the topic LinkedIn ITC Launched Smaller, Cheaper Classic Cigarettes To Cushion Price Hikes, Say Dealers
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