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📈📉 #MarketToday
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Cigarette Prices Raised By ITC, Godfrey Phillips Check New Rates For Gold Flake, Classic, Marlboro
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ITC hit a 3-year low as a sharp cigarette tax hike sparks panic selling. Broker downgrades, price hike risks, and volume concerns are now in focus. 📉🚬 💹 Welcome to @dalalstreetlive –
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Smokers hit hard as ITC plans to hike cigarette prices by up to 21%
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ITC has sharply raised cigarette prices across some categories, negating the impact of excise duty on its operating income. Prices for Gold Flake and Classic (Premium) has been hiked by 41%, Classic
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Shares of tobacco companies fell on January 1 after the government imposed a new tax on cigarettes, making them costlier for an estimated 100 million smokers in India. The selling pressure was
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ITC price target slashed 26% on likely cigarette price hikes
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