2025-06-11Niranjan Ghatule
Maharashtra has implemented its biggest excise duty hike on liquor since 2011, impacting IMFL and country liquor prices. Stocks like United Spirits and Radico Khaitan suffer, while GM Breweries, Som Distilleries, and Sula Vineyards may benefit. This article explores the policy change, price impact, and brokerage views.
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