Radico Khaitan, Allied Blenders shares get Jefferies’ ‘Buy’ rating; up to 25% upside seen; Should you buy?

Jefferies noted that Indian alcoholic beverage stocks have significantly outperformed the broader staples sector during FY23–FY26, delivering an earnings per share (EPS) CAGR of over 30%, compared with mid-to-high single-digit growth for staples.