Published on 30/09/2022 12:41:56 PM | Source: Accord Fintech

G. M. Breweries jumps on rolling out `G M Black`

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GM Breweries is currently trading at Rs. 617.00, up by 8.20 points or 1.35% from its previous closing of Rs. 608.80 on the BSE.

The scrip opened at Rs. 608.35 and has touched a high and low of Rs. 617.60 and Rs. 605.25 respectively. So far 3168 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 922.85 on 13-Oct-2021 and a 52 week low of Rs. 503.50 on 20-Jun-2022.

Last one week high and low of the scrip stood at Rs. 624.55 and Rs. 599.80 respectively. The current market cap of the company is Rs. 1123.25 crore.

The promoters holding in the company stood at 74.43%, while Institutions and Non-Institutions held 1.63% and 23.94% respectively.

G. M. Breweries has launched new product ‘G M Black’. The said product is country liquor (Colour Brand) and will cater domestic market only.

G. M. Breweries is primarily engaged in the manufacturing of country liquor.