Som Distilleries trades higher on the BSE
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Som Distilleries and Breweries is currently trading at Rs. 203.90, up by 2.40 points or 1.19% from its previous closing of Rs. 201.50 on the BSE.
The scrip opened at Rs. 206.65 and has touched a high and low of Rs. 211.30 and Rs. 202.35 respectively. So far 99130 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 216.70 on 22-May-2023 and a 52 week low of Rs. 58.27 on 26-May-2022.
Last one week high and low of the scrip stood at Rs. 216.70 and Rs. 176.50 respectively. The current market cap of the company is Rs. 1572.25 crore.
The promoters holding in the company stood at 33.11%, while Institutions and Non-Institutions held 1.10% and 65.79% respectively.
Som Distilleries and Breweries had entered into strategic tie-up with Carlsberg India (Carlsberg) a renowned name in the brewing industry for the Odisha plant. The partnership aims to leverage collective strengths, expertise, and resources of both the organizations to enhance the production and distribution of premium beverages in the Odisha region. With a shared commitment to quality and innovation, this alliance is poised to bring about a positive transformation in the local brewing landscape.
Under this strategic tie-up, the company’s state-of-the-art plant in Odisha will be partly utilized to produce a wide range of world-class beverages, including popular brands from Carlsberg India’s portfolio. This tie-up will also lead to better capacity utilisation of the expanded capacity of the Odisha plant which is expected to be completed by June 2023.
Som Distilleries & Breweries is engaged in the business of brewing, fermentation, bottling, canning and blending of beer and Indian made foreign liquor.
