Here's what every investor needs to know: The Trigger: New cigarette excise duty of 2,050-8,500 per 1,000 sticks (+ 40% GST) from Feb 1, 2026 The Damage: Stock down 23% from Feb 2025 peak 1.35 lakh crore market cap erased 6 major brokerage downgrades issued The Challenge: Cigarettes = 40% revenue but 80% profits Price hikes of 15-40% needed Volume loss to illicit trade threatens margins The Silver Lining: FMCG business growing 10% YoY 3.94% dividend yield remains attractive Diversified portfolio provides cushion Investment Takeaway: Short-term pain is real, but long-term investors might find value IF management navigates pricing successfully
Kent Kent cigarettes, introduced in 1952, became notable for their micronite filter, marketed as a safer option
Beginning November 14, any drink above 0.4 mg of THC per container is legally cannabis, produced only by licensed manufacturers and sold only at licensed dispensaries
Some of the different types and classifications of drugs include: 1,3 Stimulant drugs : Stimulant drugs have a quickening effect on the body, brain, and nervous system and work by speeding up heart rate, blood pressure, and respiration, as well as increasing energy, mental alertness, motivation, stamina, and confidence
