Associated Alcohols & Breweries soars on launching Handcrafted Premium Gin `NICOBAR`
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Associated Alcohols & Breweries is currently trading at Rs. 475.65, up by 8.85 points or 1.90% from its previous closing of Rs. 466.80 on the BSE.
The scrip opened at Rs. 474.75 and has touched a high and low of Rs. 478.05 and Rs. 471.00 respectively. So far 4785 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 507.85 on 13-Oct-2023 and a 52 week low of Rs. 311.40 on 28-Mar-2023.
Last one week high and low of the scrip stood at Rs. 478.05 and Rs. 449.05 respectively. The current market cap of the company is Rs. 864.19 crore.
The promoters holding in the company stood at 58.67%, while Institutions and Non-Institutions held 0.48% and 40.85% respectively.
Associated Alcohols & Breweries (AABL) has launched its Handcrafted Premium Gin ‘NICOBAR’. With its unique flavor, innovative blend, and botanicals, it will set sail to explore - the world, yourself and beyond.
Nicobar is a masterfully crafted spirit that offers a robust yet delightfully floral profile. Infused with elderflower and hibiscus, it delivers a nuanced flavor experience complemented by the peppery bite of grains of paradise. Setting itself apart, Nicobar is the only Gin in the country that incorporates three distinct juniper varieties. The citrus notes from sweet orange peel and coriander seeds further enhance this gin's complexity, creating a well-rounded flavor profile.
Associated Alcohols and Breweries is one of the largest distilleries in India. The company is engaged in the business of bottling vodka and Scotch whisky for large reputed international brands.
