itc cigarette price hike India's posts profit uptick on tax-led hikes, Middle East crisis drags 📈📉 #MarketToday | #Nomura in

#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 Big relief for cigarette majors ITC and Godfrey Phillips , Organized players have implemented steep price hikes across segments, helping offset the excise duty impact. As a result, FY27 EBIT ITC, Godfrey Phillips, other cigarette stocks jump up to 13% amid reports of price hike The Economic Times ITC's Price Hikes Helped Mask A Tax Hit In Cigarettes Finimize

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