Bengaluru, June 12 -- A prominent liquor producer known for its extensive spirits portfolio faces analyst concerns. This article covers a major financial institution's shift to a cautious stance on the company, citing specific challenges. The firm has downgraded its rating and predicts a significant potential decline of approximately 20% in the company's share price ahead.

United Spirits Limited's stock, with a market capitalisation of Rs. 1,08,593 crores, rose to Rs. 1,514, hitting a low of up to 0.8 percent from its previous closing price of Rs. 1,503.80. However, the stock over the past year has given a return of 15.6 percent.

Target By Macquarie Macquarie has turned cautious on United Spirits, assigning an "Underperform" rating with...