why are tobacco stocks up Shares of cigarette rose sharply yesterday after reports of cigarette makers raising prices to absorb higher excise duties. The cigarette-makers have sharply hiked prices to offset the impact of excise increases Cigarette stocks are heating up
Cigarette stocks are heating up at the start of February following the excise duty hike Companies like ITC are planning to increase cigarette prices by 2040% to offset the impact of Top 3 Tobacco Stocks to Watch Amid Strong Industry Growth Trends Tobacco Stocks Can Light Up Barron's Smoking hot: Why fund managers are lighting up tobacco stocks Trustnet
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