Cigarette Price Hike: Cigarettes Become Expensive, Shares Rise
The prices of cigarettes in India have increased due to hikes by ITC and Godfrey Phillips, leading to a surge in ITC's stock prices by up to 3%.
Increase in cigarette prices, now they have become this expensive, company's shares also jumped
Cigarette manufacturers in India have announced a price hike, with ITC Limited significantly raising prices to counter the impact of increased excise duty.