Tobacco stocks crash: After the new tax rules, there was a sharp fall in the shares of cigarette companies on Monday. In fact, after the government implemented the new tax structure from February 1, 2026, the prices of cigarettes suddenly increased, due to which there has been increased concern among investors. The increase in excise duty has had a direct impact on the shares of the tobacco sector. In the market, 3 tobacco stocks like ITC, Godfrey Phillips and VST Industries fell by 5% on Monday.
Tobacco Stocks: Pressure on cigarette companies due to new tax rules, prices of these stocks including ITC fell – Market
