ITC shares plunge most in six years after India raises tobacco, cigarette tax
ITC might need to hike prices by “at least 15%” to pass on the overall impact to consumers, if not higher. ITC gets over 40% of its revenue from cigarettes.
ITC might need to hike prices by “at least 15%” to pass on the overall impact to consumers, if not higher. ITC gets over 40% of its revenue from cigarettes.
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