Serbia and Montenegro Tobacco Industry Newswire

ITC Hits 52-Week Low As Tobacco Stocks Plunge On New Excise Duty Hike

New Delhi: Shares of cigarette and tobacco product makers ITC, Godfrey Phillips and VST Industries dropped on Friday morning, extending their previous day's decline, after the government imposed an additional excise duty on such products effective …

FAIFA warns tobacco duty hike may hit farmers, boost illegal smuggling

Farmer body FAIFA has criticised the government’s decision to raise excise duty on tobacco products, warning it will hurt farmers’ incomes and worsen smuggling. FAIFA, representing growers across Andhra Pradesh, Telangana, Karnataka and Gujarat, said the …

February 1 Price Hike: Cigarettes, Beedi, and Pan Masala to Cost More Under New Tax Regime

| February 1 Price Hike: Cigarettes, Beedi, and Pan Masala to Cost More Under New Tax Regime , , , , , , , , , , , , -newsNews18 Mobile App - https://onelink.to/desc-youtube Last Updated: January 01, 2026, 13:12 IST

Cigarette, Gutkha Prices Set To Rise From 1 February; FAIFA Urges Govt To...

New Delhi: The Federation of All India Farmer Associations (FAIFA) on Friday urged the government to roll back the notified excise rates on tobacco products and revise them to revenue-neutral rates, to disincentivise smuggling, and support domestic …

ITC shares plumet after higher tobacco tax levy

Shares of ITC Ltd. plunged the most in nearly six years after a higher levy on tobacco products by the government fueled concerns about its impact on India’s largest cigarette maker. Cigarettes will have an excise duty ranging from ₹2,050 to ₹8,500 rupees …

ITC shares slide another 4% after cigarette excise hike; heavy MF and LIC holdings come into focus

Shares of ITC fell another 4% on Friday, January 2, extending Thursday’s sharp sell-off after the government announced an excise duty hike on cigarettes. The stock has come under intense pressure as brokerages rushed to reassess earnings assumptions, with …

Sensex, Nifty open higher amid auto optimism; ITC tumbles on cigarette tax hike

Markets opened the second trading session of 2026 on a positive note, with the Sensex rising 334.31 points or 0.39 per cent to ₹85,522.91 and the Nifty gaining 101.60 points or 0.39 per cent to 26,248.15 as of 9.45 am on Friday. The Sensex had closed at ₹ …

ITC stock to stay under fire for now, after cigarette tax shock

ITC’s shares are down over 13% in the past two trading sessions, with the stock hitting a new 52-week low of ₹345.25 on Friday. This follows the stock’s 17% drop in 2025, which, to that extent, had made valuations cheaper. “The 2013-2021 period was a phase …

FAIFA urges rollback of tobacco excise hike, warns of smuggling risk

The Federation of All India Farmer Associations has urged the Centre to roll back higher excise duties on tobacco products, warning that steep taxes could hurt farmers, trigger smuggling and undermine revenue neutrality promised under GST reforms. Updated …

KY tobacco, vape retailers face penalties if they’re not licensed in 2026

(TNS) Hundreds of Kentucky tobacco, nicotine and vape retailers seem likely to miss the Jan. 1 deadline to apply for a license that’s now required by a new state law. The General Assembly last winter passed Senate Bill 100 to crack down on Kentucky stores …

Why ITC and Godfrey Shares Are Crashing: Cigarette Companies Stocks Sink Up To 17%

The sell-off came after the Finance Ministry late on Wednesday notified a revised excise duty structure on cigarettes. The new rates range from Rs 2,050 to Rs 8,500 per 1,000 sticks, depending on the length of the cigarette, and will come into effect from …

ITC, Godfrey Phillips shares slide up to 5% amid sharp excise duty hike on cigarettes

Shares of cigarette makers ITC and Godfrey Phillips India slid up to 5% on Friday, January 2, after both stocks suffered heavy losses following the government’s announcement of a steep hike in excise duties on cigarettes. The stock of ITC declined 4.8% to …

Yealmpton: Man breaks into Londis: Steals alcohol and cigarettes

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 …

Excise duty may derail cigarette volumes, margin; ITC, Godfrey Phillips sink 20% in 2 days

ITC, Godfrey Phillips shares: New year 2026 did not kick off on a good note for cigarette makers including ITC Ltd and Godfrey Phillips India Ltd, which took a heavy beating in the first two sessions, thanks to the new excise policy on them. Extending …

Tobacco Industry Warns Cigarette Excise Hike Will Be 'Revenue Neutral' Due To Illicit Trade Surge

New Delhi: The overall impact of the proposed hike in excise duty on cigarettes from February 1 will be "revenue neutral", as it will further boost the "illegal and illicit" trade, industry body Tobacco Institute of India said on …

Tobacco Stocks Tumble As Govt Sets Feb 1 Date For Higher Excise, New Cess On Pan Masala

Shares of cigarette and tobacco manufacturers slid sharply on Thursday after the government set February 1 as the effective date for higher excise duties on tobacco products and announced a new health and national security cess on pan masala. The move …

January 1st marks deadline for Kentucky vape, tobacco retailers to apply for licenses

LOUISVILLE, Ky. (WAVE) - Starting January 1, Kentucky has joined the majority of the United States in requiring businesses to have a license to sell nicotine products. Advocates from the American Lung Association say that although people have to be 21 or …

ITC hit by 6 brokerage downgrades as cigarette tax hike darkens earnings outlook. Should you buy, sell or hold?

A sudden and steep hike in cigarette excise duties has jolted brokerages covering ITC, triggering six downgrades, earnings cuts and sharp valuation resets as analysts warn that the tax shock could weigh heavily on volumes, margins and stock multiples. The …

Philip Morris International (PMI) Declares Regular Quarterly Dividend of $1.04 Per Share

Philip Morris International (PMI) Declares Regular Quarterly Dividend of $1.04 Per Share December 7, 2016

Massimo Ferragamo Elected to the Board of Directors of Philip Morris International (PMI)

Massimo Ferragamo Elected to the Board of Directors of Philip Morris International (PMI) December 6, 2016

Philip Morris International (PMI) Announces Filing of Application for Its Electronically Heated Tobacco Product with the ...

LAUSANNE, Switzerland--(BUSINESS WIRE)--Dec. 6, 2016-- Philip Morris International Inc. (“PMI”) (NYSE / Euronext Paris: PM) on Dec. 5 submitted a Modified Risk Tobacco Product (MRTP) application for its electronically heated tobacco product with the U. …

Philip Morris International Inc. Presents at the Morgan Stanley Global Consumer & Retail Conference; Revises, for ...

Philip Morris International Inc. Presents at the Morgan Stanley Global Consumer & Retail Conference; Revises, for Currency Only, 2016 Full-Year Reported Diluted EPS Forecast November 16, 2016

Philip Morris International Recognized as Global Leader for Corporate Action on Climate Change for the Third Year ...

LAUSANNE, Switzerland--(BUSINESS WIRE)--Oct. 25, 2016-- Philip Morris International Inc. (“PMI”) (NYSE/Euronext Paris: PM) today is recognized as a global leader in its action on climate change. For the third consecutive year, the company is on the CDP …

Philip Morris International Inc. (PMI) Reports 2016 Third-Quarter Results; Reaffirms 2016 Full-Year Reported Diluted EPS ...

Philip Morris International Inc. (PMI) Reports 2016 Third-Quarter Results; Reaffirms 2016 Full-Year Reported Diluted EPS Forecast October 18, 2016

Philip Morris International Recognized as Top Employer in Africa

Now certified as leading employer in 29 countries across the globe LAUSANNE, Switzerland--(BUSINESS WIRE)--Oct. 14, 2016-- Philip Morris International Inc. (PMI) (NYSE/Euronext Paris: PM) today was recognized for the first time as a Top Employer in …

Philip Morris International Inc. to Host Webcast of 2016 Third-Quarter Results

NEW YORK--(BUSINESS WIRE)--Oct. 11, 2016-- Regulatory News: Philip Morris International Inc. (NYSE/Euronext Paris: PM) will host a live audio webcast at www.pmi.com/webcasts on Tuesday, October 18, 2016, at 9:00 a.m. ET to discuss its 2016 third- …

Philip Morris International Inc. Hosts Investor Day; Revises for Currency, and Narrows, 2016 Full-Year Reported Diluted ...

NEW YORK--(BUSINESS WIRE)--Sep. 29, 2016-- Regulatory News: Philip Morris International Inc.’s (NYSE/Euronext Paris: PM) senior management reviews the company’s business outlook and long-term growth strategies at a two-day investor meeting starting …

Philip Morris International Inc. (PMI) Inaugurates Manufacturing Facility in Italy for Potentially Reduced-Risk Products*...

First manufacturing facility for large scale production of heated tobacco products Anticipated investment of approximately EUR 500 million for the facility and pre-existing pilot plant Up to 600 new jobs when fully operational Total initial annual capacity …

Philip Morris International Inc. to Host Webcast of 2016 Investor Day

Philip Morris International Inc. to Host Webcast of 2016 Investor Day September 22, 2016

Philip Morris International Welcomes Broad Interest for PMI IMPACT; New Global Initiative to Fight Smuggling and Related ...

LAUSANNE, Switzerland--(BUSINESS WIRE)--Sep. 15, 2016-- Philip Morris International Inc. (PMI) (NYSE/Euronext Paris: PM) announced today that the response to PMI IMPACT, its new global funding initiative for third party projects dedicated to fighting …

Philip Morris International Inc. Increases Dividend by 2% to an Annualized Rate of $4.16 Per Share

NEW YORK--(BUSINESS WIRE)--Sep. 14, 2016-- Regulatory News: The Board of Directors of Philip Morris International Inc. (NYSE/Euronext Paris: PM) today increased the company’s regular quarterly dividend by 2% to an annualized rate of $4.16 per share. …

Philip Morris International Releases First “Update” on Their Scientific Research to Develop and Assess Potentially ...

LAUSANNE, Switzerland--(BUSINESS WIRE)--Sep. 6, 2016-- Philip Morris International Inc. (NYSE/Euronext Paris: PM) today releases the first Reduced-Risk Product (RRP) Scientific Update, a regular publication on its research efforts to develop and assess …

Philip Morris International Inc. (PMI) Reports 2016 Second-Quarter Results; Revises 2016 Full-Year Reported Diluted EPS ...

Reflecting Currency-Neutral Growth of Approximately 10% to 12% vs. 2015 Adjusted Diluted EPS of $4.42 NEW YORK--(BUSINESS WIRE)--Jul. 19, 2016-- Regulatory News: 2016 Second-Quarter Reported diluted earnings per share of $1.15, down by $0.06 or 5.0% versus …

Philip Morris International Inc. to Host Webcast of 2016 Second-Quarter Results

NEW YORK – July 12, 2016 – Philip Morris International Inc. (NYSE/Euronext Paris: PM) will host a live audio webcast at www.pmi.com/webcasts on Tuesday, July 19, 2016, at 9:00 a.m. ET to discuss its 2016 second-quarter results, which will be issued …

Philip Morris International Comments on Tribunal’s Decision in Arbitration Between PMI and Uruguay

LAUSANNE, Switzerland--(BUSINESS WIRE)--Jul. 8, 2016-- Philip Morris International Inc. (PMI) (NYSE/Euronext Paris: PM) today comments on the decision of an ICSID tribunal in the arbitration between PMI and Uruguay regarding two regulations that …

53 billion illegal cigarettes consumed in the European Union last year

New KPMG report for British American Tobacco, Imperial Tobacco, Japan Tobacco International and Philip Morris International finds that governments lose up to EUR 11.3 billion in revenues Non-EU contraband and counterfeit increased to 88% LONDON--(BUSINESS …

PHILIP MORRIS INTERNATIONAL INC. DECLARES REGULAR QUARTERLY DIVIDEND OF $1.02 PER SHARE

NEW YORK, December 9, 2015 -- The Board of Directors of Philip Morris International Inc. (NYSE / Euronext Paris: PM) today declared a regular quarterly dividend of $1.02 per common share, payable on January 8, 2016, to shareholders of record as of …

Philip Morris International Launches New Initiative to Fight Smuggling and Related Crimes; Pledges USD 100 Million to ...

LAUSANNE, Switzerland--(BUSINESS WIRE)--May 27, 2016-- Philip Morris International Inc. (PMI) (NYSE /Euronext Paris: PM) announced today a major new initiative — “PMI IMPACT” — to help confront smuggling and related crimes. The centerpiece of PMI …