16-04-2024 12:36 PM | Source: Accord Fintech
Som Distilleries surges on commissioning wraparound packaging equipment at Bhopal canning facility

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Som Distilleries Breweries & Wineries is currently trading at Rs. 307.70, up by 9.50 points or 3.19% from its previous closing of Rs. 298.20 on the BSE.

The scrip opened at Rs. 296.20 and has touched a high and low of Rs. 311.00 and Rs. 296.20 respectively. So far 72832 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 389.80 on 05-Oct-2023 and a 52 week low of Rs. 150.45 on 17-Apr-2023.

Last one week high and low of the scrip stood at Rs. 316.95 and Rs. 288.05 respectively. The current market cap of the company is Rs. 2394.07 crore.

The promoters holding in the company stood at 35.26%, while Institutions and Non-Institutions held 1.22% and 63.51% respectively.

Som Distilleries & Breweries has commissioned state-of-the-art wraparound packaging equipment at its Bhopal canning facility. The newly installed wraparound equipment represents a milestone achievement in streamlining its production processes and enhancing overall efficiency. With this innovative technology in place, it anticipates an increase in operational efficiency by around 25%. 

Designed to seamlessly integrate into existing production lines, the wraparound equipment offers advanced features and capabilities. Its precision engineering ensures precise wrapping and sealing of products, minimizing downtime and maximizing throughput.

Som Distilleries & Breweries is engaged in the business of brewing, fermentation, bottling, canning and blending of beer and Indian made foreign liquor.