Distilleries Company of Sri Lanka PLC (DIST) - Initiation Report - BUY

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Initiation Reports
31/03/2025
469
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We initiate coverage on Distilleries Company of Sri Lanka PLC (DIST) with a target price (TP) of LKR 51.00 implying a 40% upside from the CMP of LKR 36.40. Our positive outlook is supported by DIST’s strong market dominance, operational efficiency through economies of scale, and strategic positioning to benefit from sectoral recovery and evolving consumer trends.
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