5 Best Alcohol Stocks to Buy in India in 2024

Do you want to invest money in Alcohol Stocks in India? I have discussed for you 5 established ones which are approved by the Government of India. Here you can plan to invest money fearlessly.

The money invested in each scheme varies over time. So be careful before you invest money, because a wrong decision can hurt you. So think before you do, it won’t help to think after you do. Before investing money in any scheme you can take help of known and trusted, experienced people.

What is Alcohol Stocks?

Produces various products like alcoholic drinks, narcotics etc. There are different stocks for different brands of liquor. Engaged in manufacturing, distribution and sale of beverages. Five Indian liquor brands are discussed here.

What are the Pros and Cons of Investing in Alcohol Stocks?

Convenience

  1. Investing in liquor stocks can make a lot of money.
  2. It tends to grow with the market.
  3. Investing in it can earn money over a long period of time.

Difficulty

  1. These stocks are highly dependent on the market, so when the demand in the market decreases, the results are poor.
  2. After the money is invested, the entire money can be disrupted if the demand changes.
  3. Premature withdrawal of the fund disrupts growth.

Things to Consider Before Investing Money.

  • What is the market demand of this company?
  • The organization should perform better than before.
  • Advice should be sought from people who have invested money before.
  • This institution must be older.
  • The rules of this organization should be known correctly.

REED MORE.. Top 5 Halal Stocks to Invest in Indian Market 2024 & 2025

Top 5 Indian Alcohol Stocks

  1. United Breweries Ltd
  2. Radico Khaitan Ltd
  3. Globus Spirits Ltd
  4. SOM Distilleries and Breweries Ltd
  5. Jagatjit Industries Ltd

5 Best Indian Alcohol Stocks for 2024

United Breweries Ltd

United Breweries Ltd: It is the largest beer manufacturing company in India, established in 1857. Their most popular brands are – Kingfisher, Heineken and Kingfisher Ultra.

The company has more than 7000 employees and exports its products to more than 60 countries. It is one of the largest companies in the Indian market.

Radico Khaitan Ltd

Radico Khaitan Ltd: This company manufactures indigenous liquor and fertilizers. This institution was established in 1943. It is the 4th largest rice manufacturing company in India. They export their products to 85 countries including Canada, South Africa, Europe. Radico is famous for its unique brands including Khaitan.

Globus Spirits Ltd

Globus Spirits Ltd: This company manufactures alcoholic beverages. Established in 1992. Products in this establishment are IMIL, IMFL, Hand Sanitizer, Bulk Alcohol, Branded DDGS. These companies make their products according to the needs of the customers so that the customers are more attracted.

SOM Distilleries and Breweries Ltd

SOM Distilleries and Breweries Ltd: This company manufactures alcoholic beverages. This institution was established in 1993. Their brewed products are Hunter Strong Premium Beer, IMFL Blend. Market cap of this company: ₹ 2,512 crore.

Jagatjit Industries Ltd

Jagatjit Industries Ltd: It is an Indian multi-brand, alcoholic beverage manufacturing company, established in 1944. The company manufactures multiple products including malted milk products, ghee, milk powder, premium whisky, Ac Sec Sea whisky, and Beanie’s whisky. Be careful before investing.

Conclusion

You are thinking of investing money in Alcohol Stocks in India. Before investing money, you must know the rules of that money bank well. I have discussed 5 penny stock companies for you. You can make a choice from this company to invest or check other companies.

Personal opinion- Don’t invest your money in Alcohol Stocks. Invest in gold stocks because the price of gold is not going to go down but it is going to go up. Money prices will fall but gold prices will not. That’s why my personal opinion is that you can invest money in gold, it will help you grow your money over time.

I have highlighted these companies as a lesson you should check before investing.

Ending here today. See you again in a new post until then stay well and keep your family well. Please comment if you have any questions.

FAQ…

What are the benefits of investing in Alcohol Stocks?

1. Investing in liquor stocks can make a lot of money.
2. It tends to grow with the market.
3. Investing in it can earn money over a long period of time.

What are the disadvantages of investing in Alcohol Stocks?

1. These stocks are highly dependent on the market, so when the demand in the market decreases, the results are poor.
2. After the money is invested, the entire money can be disrupted if the demand changes.
3. Premature withdrawal of the fund disrupts growth.

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