ITC and other tobacco stocks crash up to 8% as cigarette prices rise on excise duty hike by Live mint | February 2, 2026 1:10 pm | Indian Stocks, Market, News Godfrey Phillips, VST Industries, and ITC shares declined up to 8% after a price hike on cigarettes due to new excise duties. Concerns over sales and profitability grow as consumers face higher costs for popular brands.
