{"id":68186,"date":"2022-10-14T13:35:00","date_gmt":"2022-10-14T08:05:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=68186"},"modified":"2022-10-14T13:33:04","modified_gmt":"2022-10-14T08:03:04","slug":"multibagger-brewery-stock-signs-contract-manufacturing-pact-with-radico-khaitan","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/multibagger-brewery-stock-signs-contract-manufacturing-pact-with-radico-khaitan\/","title":{"rendered":"Multibagger brewery stock signs contract manufacturing pact with Radico Khaitan\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2474237691\"><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>Som Distilleries and Breweries has informed the bourses that they have entered into a contract manufacturing arrangement with Radico Khaitan Limited for the manufacturing of their IMFL (Indian Made Foreign Liquor) and Ready to Drink brands at their plant at Hassan, Karnataka. They added that it will lead to better utilization of their IMFL facility.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3576750770\"><!-- 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 is a leading alcoholic beverages manufacturer in India and it is engaged in the manufacturing and sale of Beer and IMFL. Some of its most famous brands are Hunter Beer, White Fox, Woodpecker, Power Cool and Pentagon gold.&nbsp;<\/p><p>Similarly, <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/RADICO\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Radico Khaitan<\/a><\/strong> is one of the oldest and largest manufacturers of IMFL with a strong portfolio of brands like 8 PM Whisky, Contessa Rum, Old Admiral Brandy and Magic Moments Vodka.\u00a0<\/p><p>The share price of <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/SDBL\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Som Distilleries and Breweries<\/a><\/strong> is at \u20b9 121.15 apiece, up 1.55%. The company has nearly tripled investors\u2019 money by giving multibagger returns of 199.63% as per year-to-date data. Therefore, if an investor would have invested \u20b9 1 lakh in the shares of the company a year ago, the value of their holdings would have been \u20b9 2.99 lakhs today!\u00a0<\/p><div class=\"trade-content_5\" id=\"trade-3214359681\"><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>Som Distilleries and Breweries reported a consolidated net profit of \u20b9 25.66 crores in the June quarter of 2022 as against a net loss of \u20b9 12.61 crores for the same quarter in the previous year. It is a small-cap company with a market capitalization of \u20b9 835 crores. It has a dividend yield of 1.56% and an ideal debt-to-equity ratio of 0.63. Further, its shares are trading at a price-to-equity ratio of 29.55, which is slightly lower than the industry PE of 33.79.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Simran Bafna\u00a0<\/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 content in this news article is not investment advice. 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-after-content\" id=\"trade-1702118810\"><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>Som Distilleries and Breweries has informed the bourses that they have entered into a contract manufacturing arrangement with Radico Khaitan Limited for the manufacturing of their IMFL (Indian Made Foreign Liquor) and Ready to Drink brands at their plant at Hassan, Karnataka. They added that it will lead to better utilization of their IMFL facility.&nbsp; [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":68190,"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":[3108,3238,3464,2660,3913,3912,2838,3771,2843,2659,5015,5016,5014],"class_list":["post-68186","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-multi-bagger-stocks","tag-multi-bagger-stocks-india","tag-multibagger-returns","tag-multibagger-stock","tag-multibagger-stock-to-buy","tag-multibagger-stock-to-watch","tag-multibagger-stocks","tag-multibagger-stocks-2022","tag-multibagger-stocks-india","tag-multibaggers","tag-radico-khaitan","tag-radico-khaitan-share-price","tag-som-distilleries-and-breweries"],"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>Multibagger brewery stock signs contract manufacturing pact with Radico Khaitan\u00a0 - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/multibagger-brewery-stock-signs-contract-manufacturing-pact-with-radico-khaitan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Multibagger brewery stock signs contract manufacturing pact with Radico Khaitan\u00a0\" \/>\n<meta property=\"og:description\" content=\"Som Distilleries and Breweries has informed the bourses that they have entered into a contract manufacturing arrangement with Radico Khaitan Limited for the manufacturing of their IMFL (Indian Made Foreign Liquor) and Ready to Drink brands at their plant at Hassan, Karnataka. 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