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Analysts believe the worst may be behind the sector with out-of-home (OOH) consumption picking up, and select state governments reducing taxes
Topics
Liquor firms | Markets | liquor industry
Shares of liquor companies have tumbled between 6 per cent and 33.5 per cent thus far in calendar year 2022 (CY22), as pinching raw material prices and low demand hit breweries and distilleries. In comparison, the benchmark Nifty50 index and the broader Nifty500 indices have shed 9 per cent and 10 per cent, respectively during this period, ACE Equity data show. CLICK HERE FOR THE CHART
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First Published: Tue, June 28 2022. 12:58 IST
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