Sin goods, but not sin stocks from a long-term perspective: 6 stocks from liquor industry with an upside potential of up to 34%

The liquor industry is probably one of the most taxed in the country. Yet, it keeps growing at a certain rate. Why? For one simple reason: As the economy grows, market size in terms of the number of people added to the pool who consume liquor gets larger every year. Will this situation ever change? No. The only thing that can hurt a liquor company is if promoters get overzealous and take on debt. Otherwise, it is an industry that, both in India and globally, has survived all challenges and grown.