ITC shares down 2% on concerns hike in prices may hit demand
Shares of ITC fell by 2 percent Friday on concerns demand will be hit amid reports that the company will soon increase prices of cigarette brands like Classic and Gold Flake Kings by up to 15 percent per pack.
Mar 13, 2015, 19:17 PM ISTITC to hike cigarette prices by up to 15%
Leading conglomerate ITC will soon increase prices of cigarette brands like Classic and Gold Flake Kings by up to 15 per cent per pack following the hike in excise duty on cigarettes in the Budget 2015-16.
Mar 13, 2015, 16:45 PM IST