BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Closed|| Long (1Y)
JP Morgan maintains overweight on United Spirits
JP Morgan says USL is a structural play on Indian liquor space, which has attractive long-term growth prospects led by favorable demographics, low per-capita consumption and significant benefits from premiumisation. USL's focused strategy towards profitability by the new management could lead to meaningful gains on the margin front.