"After recording a phenomenal performance in 1-3QFY2011, LION’s future performance would augur with the positive potential outlay for the beer market predominantly coming from the tourist influx, overall increasing level of recreation activity and the incremental contribution from the North and East markets. The Indian venture (22.5% stake by LION) is to add value to LION’s bottom line in the medium-long term due to the long term nature of the investment".
As per my understanding LION has already disclosed their intentions on divesting their 22.5% stake in Indian venture.... Can anyone please correct me if I am wrong...
I think we need to extra cautions about some of these research reports...