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ITC to increase price of gold flake kings, classic 20-stick pack by 13%

27 Mar 2014 Evaluate

ITC is planning to increase price of gold flake kings and classic 20-stick pack by 13%. Following the price hike, the gold flake kings and classic 20-stick pack will cost Rs 170 per pack as against Rs 150 per pack.

Earlier in January, the company increased price of Bristol cigarette by 15% to Rs 45 per pack and increased price of Wills navy cut cigarette by 17%.

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 261.30
Godfrey Phillips Ind 1927.55
VST Industries 203.75
Indian Wood Products 33.97
NTC Industries 135.00
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