Excise Duty Shock in Maharashtra: Impact on Listed Liquor Companies & Investment Strategies
Excise duty hike in Maharashtra hits liquor stocks. Explore listed companies, their fundamentals, and trading strategies for smart investing. Excise Duty Shock in Maharashtra: Impact on Listed Liquor Companies & Investment Strategies Excise Duty Shock in Maharashtra: Impact on Listed Liquor Companies & Investment Strategies Maharashtra, one of India’s largest alcohol markets, has increased excise duty on liquor by nearly 50% , sending ripples through the alcoholic beverage industry. For investors and traders, this move could create both risk and opportunity , especially in publicly listed liquor companies that either manufacture or distribute in the state. This blog categorizes India’s liquor stocks into two segments — those based in Maharashtra and others , analyzing their fundamentals, technical indicators, brand portfolios, and how the excise duty hike may impact them. Maharashtra-Based Listed Liquor Companies 1. Tilaknagar Industries Ltd ...