New Delhi, Sept. 15 -- United Spirits, Radico Khaitan, and Allied Blenders were among three spirit stocks that global brokerage firm Jefferies recently gave an optimistic outlook on, citing strong growth in the prestige & above (P&A) category led by the premiumisation trend. The brokerage believes this momentum could continue and expects all three companies to deliver double-digit top-line growth.

In its latest report, the brokerage-initiated coverage on United Spirits, Radico Khaitan, and Allied Blenders, giving a 'Buy' rating to all three stocks. Radico stands out as its top pick, as Jefferies projects the company to lead growth with a 35% EPS CAGR (highest) over FY25-28E, along with improving RoCEs, which should sustain premium valuat...