{"id":104259,"date":"2023-06-19T16:29:23","date_gmt":"2023-06-19T10:59:23","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=104259"},"modified":"2023-06-19T16:29:24","modified_gmt":"2023-06-19T10:59:24","slug":"dolly-khanna-stock-jumps-5-as-the-company-begins-trial-production-at-a-new-plant","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/dolly-khanna-stock-jumps-5-as-the-company-begins-trial-production-at-a-new-plant\/","title":{"rendered":"Dolly Khanna stock jumps 5% as the company begins trial production at a new plant"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3505958902\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>With a market capitalization of Rs 1,997 crore, Som Distilleries And Breweries Ltd shares surged 5 percent in the second half of Monday\u2019s trade and hit an intraday high of Rs 260.80. The stock jumped after the company commenced trial production at its Odisha plant.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3888182379\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>The company planned to begin manufacturing early next month, expanding its product portfolios and production capabilities. At 3:20 pm, Som Distilleries and Breweries were quoting at Rs 258.75, up 5.31 percent.<\/p><p>In the past year, the company\u2019s share price increased from Rs 59.57 to the current level by giving a multibagger return of&nbsp; 331.43 percent. Therefore, if an investor had invested Rs 1 lakh in the company\u2019s shares in the last year, the value of their holdings would have been Rs 4.31 lakhs today!<\/p><p>The Ace investor<strong><a href=\"https:\/\/portal.tradebrains.in\/superstars\/Dolly%20Khanna\" target=\"_blank\" rel=\"noreferrer noopener\"> Dolly Khanna<\/a><\/strong> holds 9,91,429 shares in the firm as of the March 2023 quarter, equivalent to 1.28 percent.<\/p><div class=\"trade-content_5\" id=\"trade-3603071571\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/SDBL\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Som Distilleries &amp; Breweries Ltd<\/a><\/strong> was Incorporated in 1993, company is engaged in the manufacturing of beer and Indian-made foreign liquor. The company has several brands such as Hunter Extra Strong Premium Beer, and Legend Premium Beer.<\/p><p>The stock reached a 52-week high in early June when the company acquired a 42 percent market share in the beer industry in Madhya Pradesh state, as well as a fantastic increase in market share of 20.1 percent in Karnataka state.<\/p><p>As per the company&#8217;s consolidated financials, In Q4FY23, Net profit jumped 150 percent to Rs 15 crores as against Rs 6 crores in Q4FY22. Revenue stood at Rs 482 crore, up by 80 percent from Rs 268 crore in Q4FY22.<\/p><p>On a YoY comparison of the metrics, the revenues significantly improved by 313 percent from Rs 362&nbsp; crores during FY 21-22 to Rs 1,498 crores in FY 22-23. Similarly, Net profit numbers jumped by 760 percent, from a loss of Rs 9 crores to a profit of 60 crores.&nbsp;<\/p><p>As per the latest shareholding pattern, promoters of the company hold a 33.11&nbsp; percent stake, and retail investors hold a 65.79 percent stake in the company as of FY 22-23.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Omkar C<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer.png\" alt=\"\" class=\"wp-image-26306\" width=\"256\" height=\"256\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-content-10\" id=\"trade-2006811516\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><div class=\"trade-after-content\" id=\"trade-1598191733\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>With a market capitalization of Rs 1,997 crore, Som Distilleries And Breweries Ltd shares surged 5 percent in the second half of Monday\u2019s trade and hit an intraday high of Rs 260.80. The stock jumped after the company commenced trial production at its Odisha plant. The company planned to begin manufacturing early next month, expanding [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":97870,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[3290,5632,3289,8471,5635,5631,6914,5633,8464,5014,8467,8466,8465,8470,7060,7059],"class_list":["post-104259","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-dolly-khanna","tag-dolly-khanna-holdings","tag-dolly-khanna-portfolio","tag-dolly-khanna-portfolio-2023","tag-dolly-khanna-stock-holdings-in-2023","tag-dolly-khanna-stocks","tag-dolly-khanna-stocks-2023","tag-dolly-khanna-stocks-to-buy-in-2023","tag-som-distilleries","tag-som-distilleries-and-breweries","tag-som-distilleries-latest-news","tag-som-distilleries-share-price","tag-som-distilleries-share-sprice","tag-som-distilleries-shareholding","tag-stocks-held-by-dolly-khanna","tag-stocks-invested-by-dolly-khanna"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Dolly Khanna stock jumps 5% as the company begins trial production at a new plant - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"With a market capitalization of Rs 1,997 crore, Som Distilleries And Breweries Ltd shares surged 5 percent in the second half of Monday\u2019s trade and hit an intraday high of Rs 260.80. 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