Som Distilleries zooms on entering into contract manufacturing arrangement with Radico Khaitan
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Som Distilleries & Breweries is currently trading at Rs. 123.00, up by 4.35 points or 3.67% from its previous closing of Rs. 118.65 on the BSE.
The scrip opened at Rs. 116.60 and has touched a high and low of Rs. 124.00 and Rs. 112.80 respectively. So far 174700 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 133.30 on 07-Oct-2022 and a 52 week low of Rs. 34.98 on 20-Dec-2021.
Last one week high and low of the scrip stood at Rs. 133.30 and Rs. 112.80 respectively. The current market cap of the company is Rs. 830.74 crore.
The promoters holding in the company stood at 30.11%, while Institutions and Non-Institutions held 0.21% and 69.68% respectively.
Som Distilleries and Breweries has entered a contract manufacturing arrangement with Radico Khaitan for the manufacturing of their IMFL and Ready to Drink brands at its plant at Hassan, Karnataka. This will lead to better utilization levels of its IMFL facility.
Som Distilleries & Breweries is engaged in the business of brewing, fermentation, bottling, canning and blending of beer and Indian made foreign liquor.
