United Spirits Faces Market Jitters as Maharashtra’s Excise Duty Hike Sparks Concerns!
India’s largest liquor company, United Spirits Ltd., is facing a potential revenue hit after Maharashtra’s steep 50% excise duty hike on Indian Made Foreign Liquor (IMFL), prompting brokerages to flag near-term headwinds for the company. 🔴 Key Highlights: 📢 Market Analysts’ Take:“The impact could be especially felt across United Spirits’ lower-end portfolio, where price sensitivity…
