{"id":133939,"date":"2024-09-19T17:08:31","date_gmt":"2024-09-19T11:38:31","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=133939"},"modified":"2024-09-19T17:11:19","modified_gmt":"2024-09-19T11:41:19","slug":"alcohol-stocks-jump-4-after-andhra-pradesh-govt-allows-private-retailer-to-sell-liquor","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/alcohol-stocks-jump-4-after-andhra-pradesh-govt-allows-private-retailer-to-sell-liquor\/","title":{"rendered":"Alcohol stocks jump 4% after Andhra Pradesh Govt. allows private retailers to sell liquor"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1891482604\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>According to Ibis Researched Information Services Pvt Ltd, the breweries and distilleries industry in India is a rapidly expanding sector, currently valued at approximately USD 52 billion. It is projected to reach USD 70 billion by 2026, driven by a growing middle class and increasing urbanization. The Indian beer market alone has seen a consistent growth rate of 7-9% over the past decade.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2065285575\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>On Wednesday, Andhra Pradesh CM N Chandrababu Naidu announced a new liquor policy which means the state government will not sell liquor from October 1. The vends will be allotted to private players through a draw of lots. Additionally, The government has decided to earmark 10% of vends for toddy tappers. The policy was finalized by a Cabinet&nbsp;<\/p><p>Moreover, the privatization of liquor vending would boost shop hours by three hours, introduce low-priced liquor at \u20b999 or less, construct premium stores in 12 cities, promote microbreweries to enhance yearly excise income by over \u20b92,000 crore and simplify sales.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Also Read: <a href=\"https:\/\/tradebrains.in\/features\/ambani-stock-hits-5-upper-circuit-after-company-becomes-debt-free\/\" target=\"_blank\" rel=\"noreferrer noopener\">Ambani stock hits 5% upper circuit after company becomes debt free<\/a><\/strong><\/p><\/blockquote><p><strong>Here are the alcohol stocks that jumped up to 4% after the Andhra Pradesh government announced private retailers to sell liquor:-&nbsp;<\/strong><\/p><div class=\"trade-content_5\" id=\"trade-3846429412\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><h2 class=\"wp-block-heading has-medium-font-size\"><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/UBL\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">United Breweries Limited<\/a><\/strong><\/h2><p>United Breweries Limited operates in two segments: beer and non-alcoholic drinks. The beer segment involves manufacturing, purchasing, selling, and trademark licensing, while the non-alcoholic drinks segment focuses on the production, purchasing, and sale of non-alcoholic beverages.&nbsp;<\/p><p>With a market capitalization of Rs 56,139.82 crore, the shares closed at Rs 2,123.25 per share, increasing around 4 percent as compared to the previous closing price.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/SDBL\/standalone\" target=\"_blank\" rel=\"noreferrer noopener\">Som Distilleries and Breweries Ltd<\/a><\/strong><\/h2><p>SOM Distilleries Breweries &amp; Wineries Ltd, formerly SOM Distilleries &amp; Breweries Limited, brews, ferments, bottles, cans, and blends beer and Indian Made Foreign Liquor. Its product offering includes alternatives in beer, rum, brandy, vodka, and whiskey categories.&nbsp;<\/p><p>With a market capitalization of Rs 2,334.04 crore, the shares closed at Rs 120.45 per share, increasing around 4 percent as compared to the previous closing price.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/TI\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Tilaknagar Industries Ltd<\/a><\/strong><\/h2><p>Tilaknagar Industries Ltd. is an alcoholic beverage company. The Company is primarily involved in the manufacturing and sale of Indian Made Foreign Liquor (IMFL) and extra-neutral alcohol. The Company has a diverse portfolio of brands in various liquor categories, including brandy, whisky, vodka, gin, and rum.&nbsp;<\/p><p>With a market capitalization of Rs 5,988.40 crore, the shares closed at Rs 310.35 per share, increasing around 2.43 percent as compared to the previous closing price.&nbsp;<\/p><div class=\"trade-content-10\" id=\"trade-2425842628\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Also Read: <a href=\"https:\/\/tradebrains.in\/features\/block-deal-stock-jumps-after-mutual-fund-bought-2-15-stake-in-the-company\/\" target=\"_blank\" rel=\"noreferrer noopener\">Block Deal: Stock jumps after mutual fund bought 2.15% stake\u00a0in the company<\/a><\/strong><\/p><\/blockquote><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by:- Abhishek Singh<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading has-medium-font-size\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on <a href=\"http:\/\/tradebrains.in\/\">tradebrains.in<\/a> are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing<\/strong>.<\/p><div class=\"trade-after-content\" id=\"trade-342259938\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>According to Ibis Researched Information Services Pvt Ltd, the breweries and distilleries industry in India is a rapidly expanding sector, currently valued at approximately USD 52 billion. It is projected to reach USD 70 billion by 2026, driven by a growing middle class and increasing urbanization. The Indian beer market alone has seen a consistent [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":104156,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[17329,8464,12931,10423,948,936,3157,21564,13968,6373,6372,22677,9043],"class_list":["post-133939","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-alcohol-stocks","tag-som-distilleries","tag-som-distilleries-breweries-share","tag-som-distilleries-breweries-share-price","tag-stock-market","tag-stock-market-news","tag-stock-to-watch","tag-tilaknagar-industries","tag-tilaknagar-industries-latest-news","tag-tilaknagar-industries-ltd-latest-news","tag-tilaknagar-industries-ltd-share-price","tag-united-breweries","tag-united-breweries-share-price"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Alcohol stocks jump 4% after Andhra Pradesh Govt. allows private retailers to sell liquor - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/alcohol-stocks-jump-4-after-andhra-pradesh-govt-allows-private-retailer-to-sell-liquor\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Alcohol stocks jump 4% after Andhra Pradesh Govt. allows private retailers to sell liquor\" \/>\n<meta property=\"og:description\" content=\"According to Ibis Researched Information Services Pvt Ltd, the breweries and distilleries industry in India is a rapidly expanding sector, currently valued at approximately USD 52 billion. 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