tobacco stocks india Best Cigarettes/Tobacco in 2026 Tobacco stocks came under pressure

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 How Tobacco Farming and Exports Power India's Economy Indias tobacco sector came under pressure following a fresh tax move aimed at curbing cigarette consumption amid public health concerns ., Shares of ITC dropped 5.65%, while Godfrey Phillips India Indian Tobacco Stocks Fall on Excise Duty Hike Deepanshu Sharma posted on the topic LinkedIn FirstpostNews: Shares of cigarette and tobacco companies fell sharply in early trade on Thursday (January 1, 2026) after the government notified February 1 as the implementation date for higher levies on tobacco

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