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When Godfrey Phillips Lit Up the Stock Market Ever wondered how cigarette prices have evolved over the years? It's an industry heavily controlled by the government and dominated by a few big players. In India, ITC and Godfrey Phillips are ITC & Godfrey Phillips Alert 20% Volume Drop In Cigarettes After Steep Excise Duty Hike Exclusive ITC, Godfrey Phillips Hike Prices as Taxes Rise, Demand Dips Whalesbook Godfrey Phillips to ITC: Cigarette makers puff up strong Q1 numbers What's igniting this growth? Stock Market News 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
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