itc cigarette price hike FlipItMoney | shares came under focus after the government increased excise duty on cigarettes, leading to hikes across segments. The move is ITC price target slashed 26%

ITC price target slashed 26% on likely cigarette price hikes The Times of India Cigarette Prices To Go Up Again? ITC, Godfrey Phillips In Focus As 17% Price Hike Expected According to a report by NDTV Profit citing B&K Securities, Godfrey Phillips increased the price of Pocket Marlboro to Rs 85 from Rs 70, while ITC raised the price of Gold Flake 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. [

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