Synopsis: Shares of Sula Vineyards Limited are in focus after acquiring Chandon’s Nashik estate, boosting production capacity from 4.5 lakh litres to a scalable 13 lakh litres. The deal strengthens growth prospects through capacity expansion, improved operational...
The Relative Strength Index (RSI) is a tool used in stock trading to check how fast and how much a stock’s price is changing. It has a scale from 0 to 100. If the RSI is above 70, the stock might be overpriced and could see a drop. If it is below 30, the stock might...
During Thursday’s trading session, the shares of India’s leading wine producer moved down by nearly 5 percent to hit an intraday low at Rs. 348 on BSE and below its IPO price, following muted quarterly results. Stock Performance With a market cap of Rs. 2,953 crores,...
Sula Vineyards IPO Review: India’s most popular wine brand Sula is coming up with its Initial Public Offering. The IPO of Sula Vineyards Limited will open for subscription on December 12th, 2022, and close on December 14th, 2022. It is looking to raise Rs 960.35...
