Jefferies starts Radico, Allied Blenders coverage with 'Buy'
Jefferies initiates coverage on Radico Khaitan and Allied Blenders with a 'Buy' rating. The brokerage cited strong growth potential in the premium liquor segment and improving brand portfolios. Valuations are considered attractive given the earnings trajectory. 📊 STOCKS: RADICO | ABDL | 🏢 SECTOR: FMCG | #MEDIUMIMPACT #Brokerage
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