ITC Ltd.

ITC has reportedly increased prices of select cigarette Kings brand by 20% to Rs 360 per 20 cigarette pack. On the other hand, the company is also planning to enter into the healthcare sector by way of setting up a multi-speciality hospital in the country.

Earlier, the company had hiked cigarette prices of its three brands effect from July 18, following GST Council hiked cess to pre-GST level. The company had increased Gold Flake Kings and Classic Rich prices to Rs 300 per 20 pack each, while Navy Cut Filter price increased to Rs 188 per 20 pack.

ITC has business a 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.