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 ...
Cigarette stocks surged as much as 7% on the afternoon of April 29, a report indicated that both companies plan to raise ...
ITC Limited shares have underperformed both cigarette peers and the broader FMCG pack, as the excise duty hike intensifies ...
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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.
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