Mit Magzter GOLD unbegrenztes Potenzial nutzen
Erhalten Sie unbegrenzten Zugriff auf über 9.000 Zeitschriften, Zeitungen und Premium-Artikel für nur
Versuchen GOLD - Frei
United Spirits hits a dry patch
Mint Bangalore
|August 20, 2025
Growth levers
The United Spirits Ltd (USL) stock is down 22% from its 52-week high of ₹1,700 seen on 3 January. Investors hoping for a quick turnaround may be disappointed, particularly as the June quarter (Q1FY26) offered little excitement.
The company, which produces and sells alcoholic beverages such as McDowell's No. 1 and Royal Challenge, is grappling with a policy setback. In June, excise duty on Indian Made Foreign Liquor (IMFL), country liquor, and imported alcohol was increased in Maharashtra. According to the management during the Q1 earnings call, the duty hike has translated into a 30-40% rise in maximum retail price (MRP). Maharashtra accounts for a mid-to-high-teens share of the company's sales by value.
Diese Geschichte stammt aus der August 20, 2025-Ausgabe von Mint Bangalore.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Mint Bangalore
Mint Bangalore
Tech focus drives Meesho’s IPO prep
lier this month.
1 mins
November 29, 2025
Mint Bangalore
LIC’s response to voting on RIL, Adani resolutions
A Mint story on Friday reported how Life Insurance Corp. of India Ltd, or LIC, had approved or never opposed resolutions proposed before shareholders of Reliance Industries Ltd (RIL) or any Adani Group company since 1 April 2022, even as it rejected similar proposals at other large companies.
1 min
November 29, 2025
Mint Bangalore
After a year’s pause, AT-I bonds return with Canara Bank
Canara Bank on Friday raised ₹3,500 crore from an additional tier-1 (AT-I) offer, according to three people aware of the matter.
1 min
November 29, 2025
Mint Bangalore
Inside Bengaluru's quiet recycling revolution
Stories from the alleys and gullies of India
4 mins
November 29, 2025
Mint Bangalore
Speciality chemical makers are betting big on pharma
The Street is gravitating toward speciality chemical manufacturers that supply contract development and manufacturing organizations (CDMO) and active pharmaceutical ingredient (API) makers, as uncertainty looms over the chemicals sector.
1 mins
November 29, 2025
Mint Bangalore
The hero who made the movies larger
There are so many Dharmendras to love. Our tribute to the actor whose casual charm belied his larger-than-life aura
4 mins
November 29, 2025
Mint Bangalore
Art Deco feels in Indian fashion
The 100-year-old style has inspired design worldwide. Why doesn't it have a big presence in Indian fashion?
4 mins
November 29, 2025
Mint Bangalore
Indian IT slashes spending on US lobbying on H-1B visa blues
The Indian IT industry has been lowering its lobbying spends in the US in recent years, according to filings made to the US House of Representatives and accessed by Mint.
1 min
November 29, 2025
Mint Bangalore
Fiscal deficit widens on higher capex, lower tax
India’s fiscal deficit for the April-October period rose on higher capital expenditure and lower net tax revenue.
1 min
November 29, 2025
Mint Bangalore
Recreating Dharmendra's timeless style
The late movie superstar was the definition of what it means to have a strong personal style
1 min
November 29, 2025
Listen
Translate
Change font size