Key Points
In the last three years, many sectors and companies which have been in the dumps for years have made a comeback..
If one looks at the history of the liquor industry it has been dominated by two large names, but over the last few years, many smaller companies have made a comeback in a real business sense..
In a nutshell, after two decades of ups and downs, these smaller players have reached the point where there is a possibility that they might see a re-rating, if they stay in course of clean and transparent corporate governance...
For many years, no one on the street was keen to look at the smaller companies in the liquor sector..
Probably this was correct also given the fact that the majority of smaller players in this industry were either in losses, or did not have any product which could push to growth, corporate governance was an issue either because industry structure is such or because of..
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