United Spirits Faces Duty Hike Risks, Stock Slumps

  Published 1 year ago

United Spirits faces volume risks from Maharashtra liquor duty hike, with brokers warning of price hikes and sales declines.

  • Macquarie downgrades to "underperform", cites 30-45 rupees duty hike and 15%+ price rise risk.
  • Goldman Sachs warns 20%-30% price hikes may cause Maharashtra volume drop and downtrading.
  • UNSP shares fall 7.5% in 2025 despite average "buy" rating and 1,712.5 rupees PT.

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