Liquor stocks

1. Due to the industry's reputation as India's fastest-growing sector, investing in liquor stocks is seen as a desirable alternative. Alcohol stocks have performed exceptionally well in recent years, and the Indian alcohol business has an average annual growth rate of 7-8%.Alcohol consumption in India was estimated to be 5.63 billion liters in 2022, and predictions indicate that it will reach 1 billion liters by 2024.Compared to metropolitan areas, India's rural areas consume more alcohol. Overall, 1% of Indian women over the age of 15 report drinking alcohol frequently, compared to 19% of men in the same age range. With 53% of males and 24% of women drinking alcohol, Arunachal Pradesh surpasses all other states in terms of alcohol use. Now let’s dive into top liquor stocks in India.

2. Top 5 Liquor Stocks in India in 2023 Radico Khaitan The well-known distributor, marketer, and producer of alcohol, Radico Khaitan Ltd (RKL), is frequently cited as the industry's best-performing business.Domestic spirits, international spirits made domestically, and imported wines and spirits are only some of the things that RKL sells.RKL manufactures, sells, and distributes alcoholic drinks in India, including whisky, rum, vodka, and brandy as well as rectified spirits.Additionally, the business offers Electra- branded ready-to-drink (RTD) vodka-based cocktails.  Globus Spirits Production, marketing, and sales of bulk alcohol, sanitizers, Indian Made Foreign Liquor (IMFL), and Indian Made Indian Liquor (IMIL) are all activities carried out by Globus Spirits Ltd. (Globus Spirits).The company offers whisky, brandy, vodka, rum, and gin as part of their product selection.Heer Ranjha, Country Club, French Castle, Hannibal Legendary, White Lace, Governor's Reserve, Old Matured, Oakton Barrel, and L'Affaire Napoleon are just a few of the brands that are used to sell its products.  United Spirits One of the top booze producers in India is commonly regarded as United Spirits Ltd. (United Spirits).It produces alcoholic beverages and sells them at retail locations under the Diageo plc brand.Whisky, brandy, rum, vodka, gin, and other Indian-made foreign spirits (IMFL) are among the company's product offerings.Under well-known brand names including McDowell's No. 1, Royal Challenge, Signature, and Antiquity, United Spirits advertise these goods. 

3. Tilaknagar Industries A company called Tilaknagar Industries Limited (TI) makes, sells, and distributes alcoholic beverages.The company sells a variety of goods, including gin, whisky, brandy, rum, and vodka.Madiraa, Mansion House Brandy & Whisky, Senate Royale & Senate Royale Red, Blue Lagoon, and Courrier Napoleon Green & Red are just a few of the brands that TI offers its goods under.The business uses businesses, wholesalers, and direct sales channels to distribute its goods.  Sula Vineyards Rajeev Samant founded Sula Vineyards, India's top vineyard, in 1999.This distinguished winery offers outstanding red, pink, and white wines.Through its subsidiary, Sula Selections, Sula Vineyards, the country's largest producer of premium wines, is also one of the top three importers of foreign wine and spirits. The business seeks to transform the alcoholic beverage market and promote an increase in wine consumption across the country. 