A $300 billion industry globally and the 3rd largest sin industry in the world may not be an idealists call on the best industry to invest in. The religious investors of the world consider it a sin to invest in this industry. I am talking about alcohol which is one of the fastest growing businesses across the world and in India. Take the stocks of distilleries and breweries in India for instance. Most of them have been giving a return of over 19% on an average and many of them are undervalued based on a VIH (Value In Hand) analysis. My personal favourite is United Breweries Holdings, which is the Vijay Mallya holding company. The stock has given me more than 1300% return in a little over 2 years and still has a long way to go.
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