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How Tobacco Farming and Exports Power India's Economy Tobacco stocks came under pressure after cigarette prices were raised across categories in response to the revised excise duty framework that came into effect on February 1, 2026 ., During the Cigarette Stocks Light Up! VST's massive 120% profit jump in Q4 has triggered a strong rally across the cigarette sector. Here's how the major players moved on April 17: VST Indian tobacco stocks tank as government levies new tax on cigarettes Reuters Tobacco Stocks Tumble By More Than 10% After The Govt. Hikes GST Rates On Tobacco

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