The Indian alcoholic beverage industry expressed concern over the duty cuts agreed in the FTA.
The listed liquor companies reacted positively to the development and their scrips rose in Thursday's trading session, tracking positive momentum in the segment.
APEDA is targetting $1 billion in export revenue over the next few years in this segment. Setting the stage, Godawan Single malt whisky, an artisanal single malt made in Rajasthan is set to be launched in the United Kingdom.
Lalit Khaitan, the chairman of Delhi-based Radico Khaitan has become India’s newest billionaire with an estimated net worth of $1 billion.
Elevated prices of barley and glass had been weighing on the company’s operating profit margins. The prices have eased in the last few months, say analysts
The spirits maker reported a 10.2 percent year-on-year increase in its net profit in the June quarter at Rs 68.3 crore
A bull sash candle closing above 200 DEMA, breakout line, and upper band of Bollinger band.