This brewery (beer) and alcoholic beverages conglomerate, is the largest beer brewer in India with a 48 per cent marketshare and in the latest quarter it has been able to grow its profits by as much as 68.03 per cent y-o-y to Rs 32 crore, and grow its sales by 20.9 per cent to Rs 460 crore. This was way above market expectations. With an overly leveraged balance sheet, the expectation was that it is going to under-perform.
This article was originally published on June 29, 2009.
3 min read•By Dhirendra Kumar
New episodes every Friday
The gambling instinct
When investing morphs into betting, everyone loses except the house
Other Episodes
The investor in the mirror
Why human emotions can be our own worst enemy
Is gold a relic or a refuge?
Even skeptics may need to reconsider gold's role in a changing global financial order
Winning by doing nothing
Market turmoil from tariff wars offers a masterclass in investor psychology
Winning by doing nothing
Market turmoil from tariff wars offers a masterclass in investor psychology
Widely read:
