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Analysts imagine the worst could also be over for the sector, with out-of-home (OOH) consumption choosing up, and discount in taxes by some state governments
Subjects
Liquor firms | Markets | liquor industry
Shares of liquor firms have tumbled between 8 per cent and 32 per cent to date in calendar 12 months 2022 as uncooked materials costs and low demand have hit breweries and distilleries. By comparability, the benchmark Nifty50 and the broader Nifty 500 indices have shed 8.6 per cent and 10.2 per cent, respectively, throughout this era, reveals ACE Fairness knowledge.
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First Revealed: Tue, June 28 2022. 12:58 IST
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