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ITC hikes prices of some cigarettes brands by Rs 4-5 per pack of 10

27 Nov 2013 Evaluate

Diversified conglomerate ITC has increased prices of some of its Cigarette brands by Rs 4-5 per pack of 10. The company has hiked price of Flake Excel Cigarette by Rs 4 per pack of 10, Capstan Cigarette by Rs 5 per pack of 10 and increased Flake Filter Cigarette price by Rs 5 per pack of 10.

Back in September, the company upped prices of select cigarette brands, Gold Flake and Classic by over 10%.

ITC, a diversified conglomerate has business interests in cigarettes, hotels, paperboards and specialty papers, packaging, agri-business, packaged foods and confectionery, information technology, branded apparel, personal care, stationery, safety matches and other FMCG products.

Peers
Company Name CMP
ITC 268.55
Godfrey Phillips Ind 1875.00
VST Industries 200.95
Indian Wood Products 38.67
NTC Industries 137.00
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