India's alcohol makers rise as UK-India trade deal nears implementation

United Spirits

Yesterday 06:15

** Shares of India's alcohol manufacturers rise 1.6% to 2.8% as UK-India trade deal set to take effect next month
** India said its concerns over the UK's forthcoming steel tariff regime, ‌which threatened to delay implementation of the agreement, have been addressed
** Shares of United Spirits UNSP.NS up 2.8%, Radico Khaitan RADC.NS rises 1.8%, Allied Blenders and Distillers ALLE.NS up 1.7%
** Tilaknagar Industries TILK.NS rises 1.8%, and Sula Vineyards SULA.NS up 1.6%
** YTD, UNSP down 6.7%, RADC up 10.1%, ALLE up 4.2%, TILK down 4.8%, and SULA down 26.3% 

 (Reporting by Abhinav Parmar in Bengaluru)
 ((Abhinav.Parmar@thomsonreuters.com;))