InvestorQ : Why are alcohol and distillery shares going up so sharply?
Dia Deshpande made post

Why are alcohol and distillery shares going up so sharply?

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swati Bakhda answered.
4 weeks ago
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Despite negative sentiments in the market about the brewery and distillery companies, these stocks have been doing pretty well and have been in demand. This is largely because the growth outlook has improved. Pioneer Distilleries and Tilaknagar registered 52-week highs and others like IFB Agro, Khoday, GM Breweries, Som Distilleries and United Breweries made sharp gains. Regulatory policies have been favourable of late. Delhi now plans to shift to private retail outlets while Telangana state plans to issue more liquor licenses.

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