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VERIFIEDMint Markets·positive
Radico Khaitan, Allied Blenders shares get Jefferies’ ‘Buy’ rating; up to 25% upside seen; Should you buy?
AI Summary
- ·Jefferies initiated coverage on Radico Khaitan and Allied Blenders with a ‘Buy’ rating.
- ·The brokerage sees up to 25% upside potential for these stocks.
- ·Indian alcoholic beverage stocks have outperformed the broader staples sector in FY23–FY26, with EPS CAGR over 30%.