{"id":112915,"date":"2023-10-31T16:01:48","date_gmt":"2023-10-31T10:31:48","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=112915"},"modified":"2023-10-31T16:01:54","modified_gmt":"2023-10-31T10:31:54","slug":"multibagger-dolly-khanna-stock-gains-up-to-4-after-it-launches-new-beer-in-karnataka-market","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/multibagger-dolly-khanna-stock-gains-up-to-4-after-it-launches-new-beer-in-karnataka-market\/","title":{"rendered":"Multibagger Dolly Khanna stock gains up to 4% after it launches new beer in Karnataka Market\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-4123746151\"><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>On Tuesday, shares of one of the leading alcoholic beverage producers gained around 4 percent to Rs 321.75 per share after the company introduced a new beer in the Karnataka Market.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2583723854\"><!-- 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>At 3:15 p.m., <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/SDBL\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Som Distilleries and Breweries Ltd<\/a><\/strong> shares were trading at Rs 313.50 a share, up Rs 4.20 or 1.36 percent from the previous close price on the Exchange, and the company has a market capitalization of Rs 2,428 crores.\u00a0<\/p><p>As per the company\u2019s exchange filing, The company has introduced a new strong beer \u201cLegend\u201d in the state of Karnataka. The introduction of this exceptional, high-alcohol beer is a strategic move aimed at consolidating the company\u2019s market share in Karnataka.&nbsp;<\/p><p>In the most recent fiscal year, the company reported a return on equity of 16.06 percent and a return on capital employed of 14.53 percent.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-2625695425\"><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>The Ace investor Dolly Khanna holds 8,73,429 shares in the company as of the September 2023 quarter, equivalent to 1.13 percent.&nbsp;<\/p><p>The company\u2019s stock has delivered a return of 82 percent in six months and 189 percent over a year. An investment of Rs. 1 lakh in the company would be worth Rs. 2.89 lakhs in a year.&nbsp;<\/p><p>Company revenue increased 69 percent year on year, from Rs 146 crores in Q1FY23 to Rs 247 crores in Q1FY24. During the same time period, Net Profit increased by 75 percent, from Rs 8 crores to Rs 14 crores.&nbsp;<\/p><p>As per the recent shareholding pattern, the company\u2019s promoters hold a 34.5 percent stake, while retail investors hold a 64.17 percent stake in the company.&nbsp;<\/p><p>Som Distilleries &amp; Breweries Ltd is one of India&#8217;s leading alcoholic beverage manufacturers, producing beer and Indian-made foreign spirits.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Omkar Chitnis<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/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-2726654434\"><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-4127553319\"><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>On Tuesday, shares of one of the leading alcoholic beverage producers gained around 4 percent to Rs 321.75 per share after the company introduced a new beer in the Karnataka Market.&nbsp; At 3:15 p.m., Som Distilleries and Breweries Ltd shares were trading at Rs 313.50 a share, up Rs 4.20 or 1.36 percent from the [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":112916,"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":[10424,12931,13859,948,936],"class_list":["post-112915","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-som-distilleries-breweries-latest-news","tag-som-distilleries-breweries-share","tag-som-distilleries-new-beer","tag-stock-market","tag-stock-market-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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