Som Distilleries & Breweries surges as its beer brands get permissions for supply in Rajasthan
Som Distilleries Breweries & Wineries is currently trading at Rs. 310.60, up by 6.75 points or 2.22% from its previous closing of Rs. 303.85 on the BSE.
The scrip opened at Rs. 301.35 and has touched a high and low of Rs. 318.00 and Rs. 300.65 respectively. So far 87940 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 319.50 on 11-Jul-2023 and a 52 week low of Rs. 69.90 on 15-Jul-2022.
Last one week high and low of the scrip stood at Rs. 319.50 and Rs. 290.60 respectively. The current market cap of the company is Rs. 2397.01 crore.
The promoters holding in the company stood at 34.47%, while Institutions and Non-Institutions held 1.23% and 64.31% respectively.
Som Distilleries & Breweries’ beer brands has received permissions for supply to the state of Rajasthan. Looking ahead, it is committed to building its market share in Rajasthan and expanding its presence in the other states. Rajasthan is one of the top five states in the country in terms of consumption.
Som Distilleries & Breweries is engaged in the business of brewing, fermentation, bottling, canning and blending of beer and Indian made foreign liquor.
