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MID PRICED CIGARETTES
Cigarette industry bracing for 6-8 pc volume contraction post add'l excise duty levy: CrisilIndian cigarette companies face a tough year ahead. New taxes and higher GST rates are expected to shrink sales by 6-8 percent next fiscal....28 Jan, 2026, 02.26 PM IST- Tobacco prices set to rise 5–6% as GST council clears 40% slabTobacco products may become more expensive. The GST Council increased tax on items like cigarettes and pan masala. The new GST rate will li...03 Sep, 2025, 11.56 PM IST
- ITC is the only Sensex stock with 90% win rate on Budget daysITC Stocks on Budget: ITC leads Sensex stocks on Budget days with nine positive returns (avg. 1.47%). IndusInd Bank follows at 80%. Worst I...23 Jul, 2024, 09.45 AM IST
- ITC Q3 Results Preview: PAT may rise 2% YoY; cigarette sales volume seen steadyFMCG major ITC is seen reporting a nearly 5% YoY growth in revenue for the quarter ended December to Rs 17,016 crore, according to the aver...28 Jan, 2024, 01.17 PM IST
- ITC Q2 Preview: Mid-single-digit revenue growth seen on subdued paper, agri bizITC Q2 Preview: Diversified conglomerate ITC is expected to post mid-single-digit revenue growth in the September quarter due to subdued pe...18 Oct, 2023, 11.45 AM IST
- Cigarette demand likely to rise by 7-9 pc this fiscal: CrisilThe return of employees to offices and a stable tax regime are expected to increase cigarette demand by 7-9% this fiscal year, according to...21 Sep, 2023, 04.44 PM IST
- ITC Q4 Preview: PAT seen rising 17% YoY; cigarette biz to show strong growthITC is expected to report steady revenues in the March quarter, lifted by strong growth in the cigarettes business. The company's revenues ...17 May, 2023, 04.02 PM IST
- Investors lit up ITC as smoke over tax hike settles; will Q3 earnings let the flame sustain?The company is scheduled to announce its earnings for the December quarter on Friday. The sustenance of the current momentum in the stock w...02 Feb, 2023, 07.53 PM IST
- Prices of cigarettes may go up post Sitharaman's proposal to hike duty by 16%Analysts expect the companies will increase prices by around 2 to 3% which will not impact sales, since there was no major price increase i...01 Feb, 2023, 05.57 PM IST
- Indians cut down on alcohol and cigarettes as pandemic limiting extra expensesAs per the latest Euromonitor International report, this year there will be a steep almost 40% decline in single malt scotch whiskey sales ...30 Sep, 2020, 11.56 PM IST
- Cigarette price hikes key to ITC stock performance: Morgan StanleyThe firm has retained overweight rating on the stock with a target price of Rs 320.06 Mar, 2019, 10.16 AM IST
- Cigarette sales will continue to be under pressure in India: ReportIn case of the economy cigarette segment, total tax accounts for over 75% of the price, while it is 50% in case of premium cigarette brands...12 Oct, 2017, 08.49 PM IST
- Government needs to introduce tobacco regulation to prevent trade in illegal cigarettesSales volume has declined by as much as 15 per cent in the last two quarters, with the affordable sub-65 mm length cigarettes prices having...01 Sep, 2015, 03.48 PM IST
- Russia's recession is so bad it's changing people's smoking habitsThe decline in cigarette industry volume accelerated to 4.2 per cent in the quarter resulting in a June year-to-date decrease of 6.5 per ce...22 Jul, 2015, 12.14 PM IST
- ITC, VST Industries rolling out premium variants, smaller-sized cigarettes to protect marginsSince consumers in the entry segment have cut back on cigarette smoking, companies are hopeful these strategies will help them protect marg...17 Jun, 2015, 03.24 AM IST
- What is pushing ITC towards record highs?The FMCG major has been investors’ darling so far in the year 2013, hitting record highs on a regular basis.22 Apr, 2013, 01.33 PM IST
- Religare assigns buy to ITC for Rs 220 targetReligare Capital Markets has valued the ITC stock on a SOTP basis and has a 'buy' rating with a target price of Rs 220.10 Oct, 2008, 07.41 PM IST
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