ITC and Godfrey Phillips India shares jumped up to 7% on Wednesday after a report said both companies may raise cigarette prices by as much...

Smoking is now a sign of wealth in India. Higher taxes make cigarettes expensive. This makes lighting up a cigarette a display of disposabl...

Indian cigarette companies face a tough year ahead. New taxes and higher GST rates are expected to shrink sales by 6-8 percent next fiscal....

Cigarette makers ITC and Godfrey Phillips India saw their shares plummet up to 5% on Friday following a steep hike in excise duties announc...

ITC shares have historically performed well on Budget days, but traders are cautious this year due to potential excise duty hikes on cigare...

Following the announcement in the Budget 2023-24, excise duty on filter cigarettes of length more than 70 mm but not exceeding 75 mm will g...

The government hiked the National Calamity Contingent Duty (NCCD) on cigarettes by 16%. NCCD accounts for about 10% of overall taxes on cig...

Price of cigarettes will go up by 6-7% in case of lower priced packs where the stick size is small and has borne the maximum increase in du...

An analyst, who requested anonymity, said cigarette companies can factor this excise duty impact when they hike prices next due to increase...

The upgrade was also because of likely compulsory licensing of non-cigarette tobacco products and impact on unorganised cigarette market un...

ITC surged 3.91 per cent to hit a high of Rs 268.15. This company had reported negative volume growth for the past three years.

Prabhudas Lilladher (PL) believes ITC would need to hike cigarette prices by 7 per cent to neutralise the impact of excise duty hike.

The government has increased excise duty on cigarettes by 10 per cent in Budget 2016, which was largely in line with expectations, clocking...

In the previous session also, cigarette stocks had recovered after falling sharply on the excise duty hike announcement.

Cigarette prices are set to go up for the fifth successive year in India with the Budget announcing 10-15% increase in excise duty for all ...

Cigarette price is going to go up by 12-14% for regular length cigarettes whose excise duty has been increased by 11-21%.

Worried by falling stock prices cigarette makers are lobbying hard to prevent the government from hiking excise duty for the third straight...