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ITC Q4 net seen up 7%, cigarette volume may decline 1-6%

According to Motilal Oswal estimates, cigarette volume decline to moderate by 1-6 percent on annual basis. Some analysts are expecting flat to marginally positive volumes. If volumes manage to register growth, it will be after 11 straight quarters. Price hikes were seen in Classic and Goldflake.

first published: May 19, 2016 03:13 pm

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