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Best Tobacco Stocks in India 2026 Top Picks & Analysis Indian tobacco stocks tank as government levies new tax on cigarettes Reuters Business Shares of Indian tobacco companies fell on Thursday after the government imposed a new tax on cigarettes, making them costlier for an estimated 100 million smokers. ITC, maker of Gold Cigarette stocks: ITC, Godfrey Phillips, VST Industries' shares decline sharply What's the reason? Markets ET Now
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