cigarette stocks in india πLike our content, add us to your following list π@Beyond_stockmarket / / / / πDisclaimer: Any stock shown the content/post/story shouldn't be considered any tip/advice to invest/trade. These are only for India's taxes on #tobacco are
India's taxes on #tobacco are among the highest. Yet, it is the world's 2nd largest producer & 3rd largest exporter. @ITCCorpCom has the highest market share (~84.27%) in #cigarette sales. And here's 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 Indian Tobacco Firms Halt Cigarette Output as They Fight New Warning Labels WSJ India tobacco stocks slide as steep cigarette tax hike rattles ITC and peers TradingView News ITC: Higher taxation killing Indian cigarette brands Cigarette stocks: ITC, Godfrey Phillips, VST Industries' shares decline sharply What's the reason? Markets ET Now
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