itc limited tobacco division Cigarette Prices Hiked 30%, Volume Impact Seen ITC Ltd has raised cigarette prices across its premium brands, including Gold Flake and Classic, by roughly 30%, slightly below Nomura's expected 35–40% ITC finally pulled the trigger

ITC finally pulled the trigger on the hotel demerger. Here is the financial logic:, 1 Capital Mismatch: FMCG is asset light (High ROCE). Hotels are asset heavy (Lower ROCE). Keeping them together British American Tobacco is ITC's largest shareholder with a 22.9% stake, followed by LIC at 15.9%, while the Government of India holds 7.8% via SUUTI. 2FIRSTS ITC Ltd: India's Diversified Giant Ousts BAT as Global Tobacco Leader ITC's evolution from a tobacco selling brand to a conglomerate over 100 years

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