** Treasury Wine Estates TWE.AX rises as much as 1.6% to A$8.980, highest since April 3
** Australian wine exports rose 41% to A$2.64 bln ($1.69 bln), highest since May 2021, in the year ended March 2025
** Jefferies ("buy"; PT: A$15) notes luxury wine exports remained strong in March quarter at typical pre-tariff levels despite seasonal drop
** Highlights 147% y/y increase in luxury wine exports to smaller Asian markets in March quarter
** Says TWE made substantial efforts to develop new markets outside of China
** Luxury portfolio accounted for more than 50% of co's H1 net sales revenue
** Stock last up 0.9%, trims YTD losses to 21.3%
($1 = A$1.5576)
(Reporting by Kumar Tanishk in Bengaluru)
((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk;))