Jefferies Starts Coverage on Radico Khaitan and Allied Blenders, Assigns ‘Buy’ Rating
Jefferies has initiated coverage on Radico Khaitan and Allied Blenders and Distillers with a ‘Buy’ rating, citing improving growth prospects and supportive industry tailwinds. According to the brokerage, the outlook for India’s alcoholic beverages sector remains positive, with expectations of steady demand growth driven by rising urban consumption, premiumisation trends, and expanding distribution networks. Jefferies…
