Allied Blenders & Distillers Limited

Liquor Stocks React Sharply as Maharashtra Hikes Excise Duty on IMFL

• Created June 11, 2025
• Author Bhumish Seth
• Reading Time: < 1 minutes

Market PerformanceLiquor stocks experienced a sharp divide in trading on Wednesday, June 11, following the Maharashtra government's announcement of an excise duty hike.Top Losers:Allied Blenders & Distillers, United Spirits, Radico Khaitan, and Tilaknagar Industries fell up to 5%.Top Gainers:...