The expected price revision could extend beyond premium products, with similar hikes likely across value-end brands sold by ...
Shares of ITC and Godfrey Phillips surged up to 6.5% following reports of a 17% increase in cigarette prices scheduled for ...
AI Quick Read The price hikes implemented by cigarette makers such as ITC and Godfrey Phillips to mitigate the impact of higher taxes by the government have started to show up in the companies' sales ...
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Cigarette volumes fell 20% in April as tax hike bites; king size segment bears the brunt
Stocks in focus are ITC and Godfrey Phillips, both of which derive significant revenue from the king-size segment.
Cigarette prices likely to rise up to 17% in May 2026. Companies raised prices earlier after government increased excise duty ...
ITC Limited shares have underperformed both cigarette peers and the broader FMCG pack, as the excise duty hike intensifies ...
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