Monika Alcobev jumps on partnering with Angostura
Monika Alcobev is currently trading at Rs. 214.90, up by 4.25 points or 2.02% from its previous closing of Rs. 210.65 on the BSE.
The scrip opened at Rs. 212.00 and has touched a high and low of Rs. 214.90 and Rs. 208.00 respectively. So far 1200 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 345.20 on 04-Aug-2025 and a 52 week low of Rs. 205.00 on 17-Jul-2026.
Last one week high and low of the scrip stood at Rs. 226.80 and Rs. 206.10 respectively. The current market cap of the company is Rs. 448.30 crore.
The promoters holding in the company stood at 62.10%, while Institutions and Non-Institutions held 9.33% and 28.57% respectively.
Monika Alcobev has entered into a strategic partnership with Angostura, the globally recognized producer behind the world’s leading bitters and one of the Caribbean’s most awarded rum portfolios. Under the partnership, Monika Alcobev will spearhead the import, distribution, and marketing of Angostura’s portfolio across key Indian markets. The portfolio includes Angostura 5-Year-Old Rum, Angostura Aromatic Bitters, and Angostura Orange Bitters. The products will initially be available in Maharashtra and Delhi, followed by a phased expansion into other states.
The collaboration arrives at a time when India’s premium spirits segment continues to witness rising interest in craft cocktails, authentic global labels, and elevated drinking experiences. With Angostura’s deep-rooted legacy in cocktail culture and Monika Alcobev’s strong distribution and market-building capabilities, the partnership is expected to strengthen the brand’s presence across leading bars, restaurants, retail outlets, and hospitality destinations in the country.
For Monika Alcobev, the partnership represents a larger strategic push towards expanding premium and globally respected spirits labels within India’s evolving alcobev marke
