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Analysts now fear that this trend could reverse.For ITC, which was seeing resilient cigarette volume growth in past few quarters, this levy has the effect of pushing possible catalysts (volume resilience and uptick in EBIT growth from 2HFY26E) further out, JM Financial said, adding that concerns over illicit trade are likely to re-emerge.Some brokerages, however, see partial downside protection at current levels

While PMI officials see Zyn as a crucial component of a portfolio of smoke-free products that are less harmful than cigarettes, many elected officials and public health experts are speaking out about the health risks of nicotine pouches, particularly for young people

While tobacco advertising faces increasing restrictions globally, the emblem maintains recognition among adult consumers who value brand heritage and consistent quality

Introducing the mixed set of eight vanity cigarettes

"Whisky Regions"