We have not reduced our own risk in our portfolios. But we are suspecting that at some point this year, there will be a reason to do so and so for now, no. But at some point, yes, there will be a time to move into cash.
Alcohol stocks have priced in FTA gains: Karan Taurani
The UK FTA is poised to boost the Indian luxury spirits segment, potentially leading to a 15-20% price correction and accelerating volume growth to over