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The toxins in cigarette smoke can damage the delicate blood vessels in the retina, leading to abnormal blood vessel growth and leakage, which can cause irreversible damage to the macula, the central part of the retina responsible for sharp, central vision

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The brokerage further added, The real test is in Q1FY27, when the impact of the sharp tax hike will be visible. According to Jefferies, the company has so far implemented only partial price hikes despite a steep rise in taxes