Economy · India
Jefferies initiates coverage on Indian alcoholic beverage stocks
Financial services firm Jefferies has initiated coverage on Indian alcoholic beverage companies Radico Khaitan and Allied Blenders. The firm assigned a 'Buy' rating to both stocks, projecting potential upside of up to 25%. Jefferies highlighted that the Indian alcobev sector has significantly outperformed the broader staples sector in recent fiscal years.
How outlets across the spectrum covered it
Left 0 · Centre 2 · Right 0 n = 2
- Centre (2): Business Standard, Mint