ITC and Godfrey Phillips Raise Cigarette Prices Amid Excise Duty Hike

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Cigarette Prices Soar: ITC, Godfrey Phillips Hike Rates, New Products Coming

Cigarette Price Hike

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CNBC Awaaz•17-02-2026, 13:16

Cigarette Prices Soar: ITC, Godfrey Phillips Hike Rates, New Products Coming

•ITC Limited and Godfrey Phillips India have sharply increased cigarette prices to offset excise duty hikes.
•Marlboro Compact's price rose from Rs 9.5 to Rs 11.5 per stick.
•ITC plans to launch new products in the 74mm category with higher price increases.
•Price hikes range from Rs 1.1 to Rs 10 per stick across various categories like DSFT, KSFT, and Slims.
•ITC's share price rose 2.09% today, while Godfrey Phillips' share price increased by 2.94%.

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