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Indias per capita consumption of cigarette is 1/18th of that of Chinas and the demand opportunity is huge, but negative surprise on taxation front coupled with policy may keep the stock the stock under pressure, Edelweiss Securities said
it is a full-bodied cigar and comes in a Habano (Oscuro) wrap
For them, smoking becomes a way of connecting to that history
The logic is simple: Its possible that middle and high school students may have access to 18-year-old peers to purchase cigarettes now, but theyre likely not going to have as much access to people who are 21 or older, who will likely be in college or living their adult lives
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