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The Economic Times

Markets / The Economic Times

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ITC shares in focus as cigarette prices rise after excise duty hike

ITC shares are expected to remain in focus after cigarette prices rose sharply following the implementation of higher excise duties from February 1. The tax hike has raised demand and margin concerns, pressured the stock in recent sessions, and intensified worries around illicit trade despite stable underlying business fundamentals.

2 Feb 2026 8:53 am