Nuvama has a Buy rating on these 5 liquor stocks: Check why Andhra Pradesh could be a gamechanger
- Posted on November 26, 2025
- By Financial Express
- 6 Views
Nuvama has a Buy rating on these 5 liquor stocks: Check why Andhra Pradesh could be a gamechanger

Nuvama turns bullish on liquor majors as Andhra tailwinds and premiumisation boost margins; United Spirits, Radico, and UBL lead the uptrend.