Risk factor
Poor trading liquidity
Profitability factor
Undervalued vs peers
About
Established in 1992 and headquartered in New Delhi, India, Globus Spirits Limited is a key participant in the Indian alcoholic beverage sector. The company primarily produces and distributes various spirits, including its own Indian Made Indian Liquor (IMIL) brands such as Nimboo, Narangi, Goldee, Ghoomar, and Heer Ranjha, alongside Indian Made Foreign Liquor (IMFL). In addition to its core liquor business, it provides franchise bottling services and manufactures bulk alcohol hand sanitizers. Globus Spirits also extends its market presence globally, exporting products to Western Europe, Western Africa, and Southern African regions.
Company Valuation
From both historical and forecast perspectives, the stock is moderately underpriced compared to similar stocks. In particular, the stock is reasonably priced on P/E, 'che
Target Price
The average target price of GLOBUSSPR.NS is 1425 and suggests 73.8% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation