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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 Indian Tobacco Stocks Fall on Excise Duty Hike Deepanshu Sharma posted on the topic LinkedIn Why Tobacco Stocks Are Falling in India: ITC, Godfrey Impact Tobacco stocks tank as new taxes to come into effect from February 1 Markets News Business Standard
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