India’s tobacco sector came under pressure after a sharp cigarette excise hike, sending ITC shares lower and prompting broker ...
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Godfrey Phillips to ITC: Cigarette makers puff up strong Q1 numbers — What’s igniting this growth?
Indian cigarette makers delivered a strong performance in the June-ending quarter, with numbers coming in above Street estimates, driven by resilient volumes, continued premiumization, and innovations ...
Shares of major tobacco companies integrated ITC, Godfrey Phillips, and VST Industries fell after the imposition of a new ...
Cigarette makers ITC and Godfrey Phillips India saw their shares plummet up to 5% on Friday following a steep hike in excise ...
Cigarettes will become more expensive from 1 February 2026 after the government imposed additional excise duty on tobacco ...
Jan 1 (Reuters) - Shares of Indian tobacco companies slumped on Thursday after the government imposed a new tax on cigarettes ...
Tobacco stocks tumbled as the Indian government raised the tax incidence on cigarettes to 77% of retail value, aligning with ...
The government has imposed new excise duties on cigarettes, raising costs significantly for smokers and impacting tobacco ...
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