Top 5 Alcohol Stocks to Watch in India: Who Should Invest
The liquor industry has seen a rapid rise and has been the talk of the town amongst the investment communities, especially after Indian Whiskey Indri got recognition. Changing urbanization and shifting beliefs regarding alcohol consumption are also contributors to the growth in this sector.
In today’s blog, we will look at some of the Alcohol stocks operating in this industry and help you with the crucial information to make investment decisions.
Contents
1) Radico Khaitan
Radico Khaitan is one of the largest and oldest manufacturers of IMFL (India Made Foreign Liquor). Earlier the company was known by the name Rampur Distillery.
Radico Khaitan commenced its operations in 1943 and since then has been the bottle to other spirit manufacturers. It has 15 organically grown brands under its umbrella.
The company’s three products were selected under the Monde Selection 2018.
- Share Price as of February 2024: ₹1700+
- Market cap: ₹23,118.70 Cr
2) GM Breweries
GM Breweries was founded in the year 1981 and is into marketing and manufacturing of Alcoholic beverages like IMFL and Country liquor. The company has various brand names like Pioneer Doctor Brandy, Hot Shot Rum, and Reporter Choice Whiskey.
The company was recognized as Asia’s 200 best under a billion in 2018 by Forbes.
- Share Price as of February 2024: ₹625+
- Market Cap: ₹1,150.21 Cr
3) United Spirits
United Spirits has its main operations in Bangalore, India. The company has established itself as the largest spirits company in the country and exports its products to over 37 countries.
The company has various top brands under its name like DSP Black Whisky, Antiquity Blue Whisky, Black Dog, Blue Riband Gin, etc.
United Spirits’ parent company Diageo recently launched the Learning for Life programme for disabled persons to train and give them new skills.
- Share Price as of February 2024: ₹1050+
- Market Cap: ₹79,615.80 Cr
4) United Breweries
United Breweries is a company under the UB group. The group came into existence in 1915 and has since then established its presence in the manufacturing of Beer. The company has a strong distribution network and their most popular brand Kingfisher beer is available in 69 countries.
United Breweries developed the first-ever online merchandise store KF LIFE, offering stylish bar accessories, board games, trendy apparel, etc.
- Share Price as of February 2024: ₹1700+
- Market Cap: ₹45,643.40 Cr
5) Tilaknagar Industries
TI is a leading producer of liquor across major categories like Whisky, Rum, Gin, Vodka, and Brandy. The company’s Shrirampur Distillery is amongst the finest producing units in India.
The company’s most popular brands include Mansion House French brandy, Courrier Napoleon Brandy Green, Mansion House gold whiskey, etc.
Among these, Mansion House brandy became the fastest-growing brandy in the world in the year 2022.
- Share Price as of February 2024: ₹240+
- Market Cap: ₹4,699.82 Cr
If you wish for exposure to the alcohol industry and want to leverage its potential for long-term goals, alcohol stocks can be a good option.
Conclusion
The liquor industry has a good potential going forward, given the capex done by the companies. However, you must do thorough research about the industry and the company and the potential returns you are expecting from this investment.
You can invest in stocks online via the Dhan platform and app, which is India’s one of the leading online investment and trading platforms.
