The share of this Small-cap company gained up to 1.7 percent after the company promoter increased their stake by 11,000 Equity shares.
With a market capitalization of Rs 2,319.89 crore, Som Distilleries & Breweries Ltd, On Thursday, The company shares were trading at Rs 300 a share, an increase of 1.13 from the previous close price.
According to the company filing, Som Distilleries & Breweries Ltd, 11,000 equity shares were purchased in the open market by Jagdish Kumar Arora on November 13, 2023.
Examining the business’s financials, the company’s revenue increased 74.08 percent from Rs. 267.77 crores in Q2FY23 to Rs 466.14 crores in Q2FY24.During the same period, Net Profit increased by 80 percent from Rs 8.25 crores to Rs 14.85 crores.
Som Distilleries & Breweries Ltd reported return ratios in the recent financial year with a return on equity (ROE) of 18.14 percent and a return on capital employed (ROCE) of 15.65 percent.
Som Distilleries & Breweries Ltd’s recent shareholding pattern, The Promoters of the company own 34.5 percent while Retail shareholders own a 64.18 percent stake in the company and Foreign Institutional Investors own a 0.86 percent stake.
The stock has delivered a multi-bagger return of 148 percent in a year. As a result, If an investor bought Rs 1 lakh shares in the company, their shares are now worth 248 lakhs in a year.
Ace investor Dolly Khanna holds 8,73,429 shares, i.e. equivalent to 1.13 percent Of the company as of the September quarter of 2023.
Som Distilleries & Breweries Ltd. is a prominent producer of alcoholic beverages in India, specializing in the production and distribution of Indian-made foreign liquor.
Written By:- Abhishek Singh
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