Som Distilleries and Breweries jumps as company to expand beer facility at Hassan plant
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Som Distilleries and Breweries is currently trading at Rs. 320.25, up by 8.80 points or 2.83% from its previous closing of Rs. 311.45 on the BSE.
The scrip opened at Rs. 313.60 and has touched a high and low of Rs. 323.00 and Rs. 310.70 respectively. So far 45494 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 360.50 on 01-Aug-2023 and a 52 week low of Rs. 86.14 on 23-Aug-2022.
Last one week high and low of the scrip stood at Rs. 334.30 and Rs. 293.15 respectively. The current market cap of the company is Rs. 2477.75 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 and Breweries has placed the orders for expansion of the beer facility at its Hassan plant. The orders have been placed with suppliers based out of Germany and India. This additional expansion will add another 60 lakh cases per annum from the plant.
Som Distilleries & Breweries is engaged in the business of brewing, fermentation, bottling, canning and blending of beer and Indian made foreign liquor.
