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The company said it continues to remain optimistic on the long-term growth of the industry, driven by rising prosperity, youthful population and evolving consumer trends driving premiumization.
Inflationary environment also poses a risk to consumption and volume growth
Few oversold stocks have now reached their crucial levels that resulted in a robust breakout earlier. These are resilient cushions, with underlying strength capable of holding accumulative stance
After an exciting 2021, shares of major alcohol manufacturers have been under pressure so far this year. Here's what charts suggest is in store for them