Monday 20 August 2007

Consumer Goods - Alcoholic Beverages


Indian market consumption grows at an average rate of 8.5 %. Only handful of players governing the market due to high regulations by the government. Foreign players have extensive barriers to enter the market. Radico Khaitan, Shaw Wallace and Jagatjit Industries are good future performers. Shaw Wallace is relatively undervalued due to internal reorganisation compared to its peers.