In the case of ITC, Nomura noted that the company has started increasing prices for its premium brands, including Gold Flake and Classic, across most subsegments ...
ITC shares are expected to remain in focus after cigarette prices rose sharply following the implementation of higher excise duties from February 1. The tax hike has raised demand and margin concerns, ...
Nomura warns ITC's lower cigarette price hikes may hit margins more than expected — discover the latest on ITC's pricing strategy.
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