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ITC shares fall and then recover after government hikes cigarette taxes — do investors need to panic?

ITC shares fall and then recover after government hikes cigarette taxes — do investors need to panic?

Wed, Feb 01, 2023

Budget 2023 Cigarette Tax: ITC shares made their way back into the green after the government's announcement of higher taxes on cigarettes triggered an initial knee-jerk reaction in the stock. Here's how other cigarette-related stocks — such as Godfrey Phillips and VST Industries — fared. 

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