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Indian tobacco stocks tank as government levies new tax on cigarettes Reuters Stock market notes Good stocks, Stock lists, Cigarette brands 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 What Are the Most Popular Tobacco Products in India? Voronoi Cigarette stocks are heating up at the start of February following the excise duty hike Companies like ITC are planning to increase cigarette prices by 2040% to offset the impact of Tobacco Stocks Slide: Godfrey Phillips Crashes 10%

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