Page 2 - Liquor Firms

Delhi drinkers may soon pay Gurugram-like prices for premium liquor

Delhi government is weighing bringing premium alcohol prices at par with Gurugram and Faridabad, as fixed retail margins in the capital push buyers to neighbouring cities

Flying off the shelves: Duty-free liquor sales at Indian airports rise 13%

Global drinks firms are banking on India's rising disposable incomes and Gen Z travellers' premium tastes to power growth of duty-free liquor sales in coming years

Radico up 52% in 7 months; JM Financial initiates coverage with 'Buy' call

JM Financial Institutional Securities initiated coverage on Radico Khaitan with a 'Buy' rating and a target price of ₹3,515.

Why did share of this alcoholic beverage company rise 2% in trade today?

United Breweries share price was trading 1.6 per cent higher at ₹1,824.3 per share against the previous close of ₹1,795.8 on the NSE

Higher input costs likely to hit near-term margins of United Spirits

United Spirits' revenue grew in the June quarter, driven by volume growth, but margins were hit by higher advertising and promotional costs. Brokerages see price correction as a potential opportunity.

Mukul Agrawal portfolio liquor stock rallies 6%, hits new high. Do you own?

Radico Khaitan shares hit a new high, as they rallied 6% after the company reported strong earnings for the June quarter

What's driving Allied Blenders, Globus Spirits stock today? Find out here

Allied Blenders has surged 87% from its 52-week low; while Global Spirits has rallied 37% so far in July.

India's top 18 states' revenues to grow 7-9% in FY26, says Crisil report

Crisil forecasts 7-9% revenue growth for India's top 18 states in FY26, driven by GST, liquor sales, and Centre support, with slower growth than the 10% decadal average

This spirit-maker stock is high on momentum; check name, strategy here

The share price of this alcoholic-beverage maker has rallied 21% in the last 9 trading sessions; technical chart suggests a potential upside of another 17% from here.

USL ends growth bender with a regulatory hangover, margin pressures loom

The buzz wears off in a sobering 2025-26 reset marked by excise shocks, soft volumes, and thinning margins

Delhi govt grosses Rs 2,662 cr from Q1FY26 liquor sales: Data

Delhi government corporations sold about 16.96 crore liquor bottles in the first quarter of 2025-26, grossing over Rs 2,662 crore, officials said on Saturday. The figure was over 1 crore more than the number of liquor bottles sold during the same period last fiscal, they said. Delhi State Industrial Infrastructure Development Corporation (DSIIDC) recorded the highest sale of 5.29 crore bottles of different kinds of liquor from April to June, 2025. This was followed by sale of 5 crore bottles by Delhi Tourism and Transport Development Corporation (DTTDC), 3.65 crore bottles by Delhi State Civil Supplies Corporation (DSCSC) and 2.91 crore bottles by Delhi Consumer's Cooperative Wholesale Store (DCCWS), showed official figures. In the current excise policy, retail liquor sale in Delhi is carried out solely by the government through its four agencies -- DSIIDC, DTTDC, DSCSC and DCCWS -- which operate over 700 vends. In the first quarter of the last fiscal, the four corporations recor

Chhattisgarh liquor 'scam': 22 excise officials suspended by Sai govt

The Chhattisgarh government on Thursday suspended 22 excise officials after they were named as accused in a chargesheet filed in the alleged liquor scam case. Speaking to PTI Videos, Chief Minister Vishnu Deo Sai said his government has a zero tolerance policy against corruption. "The truth about the scams that took place during the previous Congress government is being unearthed layer by layer. Strictest action will be taken against the culprits. No corrupt person will be spared," Sai asserted. These 22 officials comprise 12 assistant commissioners, five deputy commissioners, three district excise officers and two assistant district excise officials, a government official said. "Action was taken against them after they were named as accused in the chargesheet filed on July 7 by the state's Anti Corruption Bureau and Economic Offence Wing (ACB/EOW), he said. The EOW on July 7 filed its fourth supplementary chargesheet in the alleged liquor scam that took place during the previous

For Herman Jansen, India still a strategically-important emerging market

The company will focus on growing its European and South East Asian market, says Diederik Jansen

Tilaknagar, Radico gain upto 11%; why are these liquor stocks rising today?

India's rice stocks in government warehouses rose 18 per cent from a year ago to a record high for the start of June, while wheat stocks have hit their highest level in four years

GM Breweries, Sula zoom upto 19% despite excise duty hike on liquor in Maha

GM Breweries, Sula Vineyards share prices rallied today after the Maharashtra government announced a sharp hike in state excise duties on liquor, exempting wine and beer from the duty hike

UBL to Radico Khaitan: Alcohol stocks decline after excise duty hike report

United Spirits and Allied Blenders led a selloff in alcohol beverage makers on reports that the Maharashtra government approved a hike in excise duty

Liquor market: Microbreweries get a fresh fund pour to scale up biz

A microbrewery is a small-scale brewery that produces limited quantities of beer, typically upto 10 hecta litres per batch

Piccadily Agro targets 1 mn cases of Whistler whisky in next three years

With its elevated blend and bold new identity, Whistler is poised to disrupt the mid-premium segment: Praveen Malviya, CEO - IMFL, Piccadily Agro Industries Limited

MOFSL projects 22% upside for this liquor stock; up 2% in weak market today

The uptick in Radico Khaitan shares came after domestic brokerage Motilal Oswal Financial Services Limited (MOFSL) initiated coverage on the stock with a 'Buy' rating.

Allied Blenders posts Q4 net profit at Rs 78.62 crore on premium push

Allied Blenders and Distillers has reported a consolidated net profit of Rs 78.62 crore during the March quarter, led by premiumisation of the portfolio. The company had posted a loss of Rs 240.62 crore in the January-March period a year ago, according to a late night regulatory filing from Allied Blenders and Distillers (ABD) on Thursday. Its revenue from operations was up 10 per cent to Rs 1,934.72 crore in the quarter. It was at Rs 1,757.42 crore in the corresponding quarter of the previous fiscal year. ABD's total expenses were at Rs 1,798.80 crore, up 6 per cent in the March quarter. The total income of ABD, which includes other income, was at Rs 1,948.99 crore, up 10.7 per cent. For the financial year ended March 31, 2025, Allied Blenders and Distillers' profit increased multifold to Rs 194.84 crore, from Rs 1.82 crore a year ago. The company said this was its highest-ever profit. In FY25, ABD's total consolidated income rose 5.46 per cent to Rs 8,094.02 crore. ABD Managin