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Piccadily Agro Industries, which makes the popular single malt whisky brand Indri, has set out an aggressive roadmap for an expansion in the malt space in India and overseas ....
Shares of this award-winning whiskey maker are up 23x since November 2021, and 12x in the past one year. It is trading at a PE of 48x, which is much cheaper than its peers. But before you decide to buy the whiskey or the stock, heres how the fundamentals look like. ....
Sanjiv Bhasin of IIFL Securities remains positive on Dhanlaxmi Bank and Indiabulls Real Estate, highlighting their potential in the market. Bhasin discloses his personal and client portfolios include these stocks. He also believes in the growth of branded alcohol consumption and the impact that Diageo s acquisition of United Spirits will have. ....
The Nifty SmallCap 100 is trading at a high P/B value of 6.7, and at least 128 smallcap multibaggers are trading above their 5-year average PE level. Companies in sectors like chemicals, consumer durables, energy, IT, and BFSI are overheated. The recent Q3 earnings season has added to concerns about expensive valuations for PSU railways, defence, and power stocks. ....
The Indri Diwali collector s edition, a new peated whiskey made by the sugar mill, won the Best in Show Double Gold award at the Whiskies of the World Awards, it was announced last month. Indri was the sole winner in that category. That s not all. The stock of Piccadily Agro Industries-the company that runs the sugar mill-has soared. It was ₹25 in December 2021 and has since shot up to ₹241. ....