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.