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Alcohol stock falls 15% after police starts investigating the company for child labor issue 

Alcohol stock jumps 4% after company increased production capacity of beer cases by 55%

Multibagger Alcohol Stock engaged in the business of brewing, fermentation, bottling, canning, and blending of beer and Indian Made Foreign Liquor, jumped 4 percent in the day’s trade following the commencement of beer capacity expansion.  With a market capitalization of Rs. 2,448 Crores, the shares of Som Distilleries & Breweries Limited were trading at Rs. [...]
Alcohol stock under ₹ 150 in focus after it reports 103% QoQ increase in net profits 

Alcohol stocks in focus after ICRA expects margin improvements in the sector by FY25 

Recently, ICRA, a credit rating agency, commented on the Indian ‘Alcohol Beverages’ industry and expects the same to be poised for margin improvements and increasing sales in FY25. The agency projects a revenue growth of 8 to 10 percent for its sample set of domestic alcohol beverage companies.  Indian-made foreign liquor (IMFL) companies are anticipated [...]
Alcohol stock under ₹ 150 in focus after it reports 103% QoQ increase in net profits 

Alcohol stock jumps after it reports 63% increase in net profits

On Thursday the smallcap stock rose by 5.2% to its intraday high of ₹312.65 per share from its previous close of ₹297.10 after the company announced its quarterly results for the December month.  According to the exchange filing, the Som Distilleries Breweries & Wineries Ltd announced its financial result for the quarter ended 31 December [...]
Alcohol stock jumps up to 5% after promoters increase stake in the company

Alcohol stock jumps up to 5% after promoters increase stake in the company

Shares of this brewery stock under the ‘small-cap’ category jumped up to 5 percent in Tuesday’s trading session after the company entered into an agreement for manufacturing Indian-made foreign liquor (IMFL). In the last month, the company’s stock has gained nearly 8 percent.  With a market capitalization of Rs 2,724.11 crores, the stocks of Som [...]
Alcohol stock jumps up to 5% after promoters increase stake in the company

2 Smallcap Alcohol stocks that have delivered returns of up to 290%; Are you holding any? 

The stocks that are covered under the umbrella of the ‘Breweries & Distilleries’ sector have been on the rise since the past year and reported stable stock movements in the recent month.  Listed below are 2 such stocks that delivered multibagger returns in the past year: Tilaknagar Industries Limited:  Tilaknagar Industries Limited is engaged in [...]
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