Diageo will bring “much-needed” financial prudence to United Spirits Ltd (USL) by ending a “vicious” cycle of volume focus, high working capital and low profitability, an analyst has predicted.
INDIA: Diageo to bring United Spirits stability, but risks remain – analyst
Diageo will bring “much-needed” financial prudence to United Spirits Ltd (USL) by ending a “vicious” cycle of volume focus, high working capital and low profitability, an analyst has predicted.