United Spirits Faces Duty Hike Risks, Stock Slumps

  Published 11 months 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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