itc cigarette price hike ETNOWExclusive MarketToday | ITC's phased cigarette

MarketToday ITC's phased cigarette price hikes: Will the strategy pay off? Share price target http: ow.ly 1y2G106zhPY SourcesSay ET Now Exclusive : ITC Likely To Hike Cigarette Prices 20 To 40 Percent Sources say ITC could raise cigarette prices across brands as the new tobacco tax regime kicks #MarketToday #Nomura in its latest note said #ITC Ltd had begun implementing #cigarette price hikes, but the increases were lower than the brokerage's expectations for most brands. As a result ITC Ltd. has sharply raised cigarette prices across some categories, negating the impact of excise duty on its operating income, according to on ground study by analysts at B&K Securities and InCred. [ Cigarette Prices To Go Up Again? ITC, Godfrey Phillips In Focus As 17% Price Hike Expected

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