itc cigarette price hike If buying a pack of #cigarettes has suddenly started to feel noticeably heavier on the pocket, it is not just perception. A fresh round of excise duty changes that came into force ITC's shares dipped sharply after

ITC's shares dipped sharply after analysts flagged that the new excise duty on cigarettes could squeeze margins unless the company hikes retail prices by around 15% or more. Cigarette businesses are sensitive ITC Banks On Shorter Length Cigarettes Amid Price Hikes Check Morgan Stanley's Target Price Cigarette prices have increased by at least 22 to 25 per pack of 10 sticks following the implementation of additional excise duty from February 1. Tap to read: https: www.hindustantimes.com india news cigarette prices surge as high as 55 per pack Cigarettes to get expensive from Feb 1! How much more will you have to pay? Check list The Times of India

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