Nomura sees mid-teen sales growth for alco-bev stock
In short
Nomura expects new product launches to support mid-teen sales growth and mid-twenties earnings growth over FY26-29, according to a market note. The snippet does not name the alcohol and beverage company.
This matters because the broker is still positive on the stock’s outlook. The reporting does not say which company it is or how the ₹850 target is reached.
What the reporting says
Nomura expects new product launches to support mid-teen sales growth and mid-twenties EPS growth over FY26-29, according to the publisher summary. The report does not name the specific alco-bev company in the snippet provided, and it only says the broker sees value with a ₹850 target in the broader story headline. The immediate implication is a bullish research view, but the stock name and full valuation case are not stated.
Why it matters
Nomura’s view, as summarized in the report, is that new product launches could drive mid-teen sales growth and mid-twenties EPS growth over FY26-29. The snippet does not name the specific alco-bev stock, even though the headline mentions a ₹850 target. That leaves the company identification and the full valuation rationale unknown in the available reporting.