Liquor Stocks: Andhra Pradesh to Resume Procurement from Top Brands
In a significant development for the liquor industry, the Andhra Pradesh government has announced plans to resume procurement of liquor from leading brands such as Tilaknagar Industries, GM Breweries, and Radico Khaitan. This move is expected to boost the sales and market presence of these companies in the state.
Impact on Liquor Stocks
The resumption of procurement by the Andhra Pradesh government is likely to have a positive impact on the stock prices of Tilaknagar Industries, GM Breweries, and Radico Khaitan. Investors may see this as an opportunity for growth and increased market share in one of India’s key states for liquor consumption.
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