Liquor stocks: At the crossroads due to trade agreements? 5 liquor stocks with upside potential of up to 36%

Although it is one of the most taxed “sin” sectors in India, a “perfect storm” of demographics, increasing disposable incomes, and a changing society has meant that it has been witnessing increasing demand every year. This trend in the Indian alcoholic beverages space is at odds with what is happening globally, and is likely to sustain in the coming years. Change is, however, in the air, especially thanks to the various trade agreements being signed – and also valuations cooling. It is thus perhaps time to have these stocks on your watch list.