Jefferies initiates coverage on Indian spirits firms United Spirits, Radico Khaitan, and Allied Blenders with “Buy” ratings, citing premiumisation as a key growth driver. Radico is the top pick, while Allied is called a “dark horse” with potential for a turnaround.
FACT, Paradeep Phosphates, RCF, other fertiliser stocks rally up to 13%. Here’s why
Shares of fertiliser companies rallied up to 13% on Tuesday after Russian President Vladimir Putin assured India of uninterrupted fertiliser supplies amid the West Asia