5 Best Liquor Stocks To Check Out!

India’s alcoholic beverage market is huge and at an all-time high now. As per our prediction, it may reach approximately USD 100 billion by the end of 2030. The industry growth provides a strong competitive edge to the established players, such as United Breweries Ltd, United Spirits Ltd, and Jagatjit Industries Ltd. Obviously, the new players are coming into the competition with growing public acceptability. We have come up with a list of 5 best liquor stocks to buy in India that are ready to give you visible growth.

Radico Khaitan Ltd

Current Price: 3,010.00 INR

United Spirits Ltd

Current Price: 1,328.00 INR

Jagatjit Industries Ltd

Current Price: 239.00 INR

Monika Alcobev Ltd

Current Price: 308.60 INR

Sula Vineyards Ltd Current Price: 286.86 INR

A young and urbanizing population is the key reason behind the ever-increasing growth of the alcohol market in India. However, there are many other reasons. The significant growth of Indian alcohol industry stocks is also because of favorable demographics like a growing middle class with higher disposable incomes and an increasing number of female participants in the workforce. Interestingly, the growth has a set of challenges too. The challenges, like high tax slabs, price controls, state-level regulations, and inconsistent licensing policies, are inhibiting the ever-increasing growth.