Tobacco stocks continue to slide; ITC shares drop over 5%
Image used for representative purpose only. | Photo Credit: Reuters Shares of cigarette and tobacco product makers ITC, Godfrey Phillips and VST Industries dropped on Friday (January 2, 2026) morning, extending their previous day’s decline, after the government imposed an additional excise duty on such products effective February 1. ITC’s stock tumbled 5.11% to ₹345.35…
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