cigarette stocks in india New Tobacco Tax Hits Shares of ITC & Godfrey Phillips | World Business Watch 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 Best Tobacco Stocks in India (July 2026) India tobacco stocks slide as steep cigarette tax hike rattles ITC and peers TradingView News Indian Tobacco Stocks Slide After Government Imposes Higher Cigarette Excise Duty ITC Share Price, Godfrey Phillips India, and VST Industries: Tobacco Stocks In Focus As FM Sitharaman Reiterates No Tax Increase On Beedis

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