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Som Distilleries & Breweries shines as its beer brands get permissions for supply in Chhattisgarh Som Distilleries Breweries & Wineries is currently trading at Rs. 325.65, up by 14.05 points or 4.51 % from its previous closing of Rs. 311.60 on the BSE. The scrip opened at Rs. 313.00 and has touched a high and low of Rs. 329.80 and Rs. 311.05 respectively. So far 17917 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. 87.11 on 29-Aug-2022. Last one week high an...
Som Distilleries & Breweries shines as its beer brands get permissions for supply in Chhattisgarh
Som Distilleries & Breweries shines as its beer brands get permissions for supply in Chhattisgarh
Source: Accord Fintech
29/08/2023 11:15:51 AM
Buy Radico Khaitan Ltd For Target Rs.1,590 - ARETE Securities Ltd RadicoKhaitan, a prominent player and the largest manufacturer of Indian Made Foreign Liquor in India's liquor industry, has announced robust quarterly results with a 25% YoY revenue growth. Despite significant commodity inflation in ENA and glass bottles, the company has maintained strong gross margins through price increases and a premiumization trend. Additionally, the recent launch of "Happiness in a Bottle: A Happily Crafted Gin" in their super premium product line and the ...
Buy Radico Khaitan Ltd For Target Rs.1,590 - ARETE Securities Ltd
Buy Radico Khaitan Ltd For Target Rs.1,590 - ARETE Securities Ltd
Source: ARETE Securities Ltd
17/08/2023 3:14:59 PM
Som Distilleries and Breweries jumps as company to expand beer facility at Hassan plant 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 ...
Som Distilleries and Breweries jumps as company to expand beer facility at Hassan plant
Som Distilleries and Breweries jumps as company to expand beer facility at Hassan plant
Source: Accord Fintech
11/08/2023 3:47:20 PM
Sula Vineyards surges on the BSE Sula Vineyards is currently trading at Rs. 502.85, up by 12.50 points or 2.55% from its previous closing of Rs. 490.35 on the BSE. The scrip opened at Rs. 490.75 and has touched a high and low of Rs. 509.00 and Rs. 490.75 respectively. So far 19452 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 534.70 on 01-Aug-2023 and a 52 week low of Rs. 305.55 on 26-Dec-2022. Last one week high and low of the scrip stood at...
Sula Vineyards surges on the BSE
Sula Vineyards surges on the BSE
Source: Accord Fintech
11/08/2023 11:29:06 AM
Sula Vineyards gains on reporting 24% rise in Q1 consolidated net profit Sula Vineyards is currently trading at Rs. 502.65, up by 7.90 points or 1.60% from its previous closing of Rs. 494.75 on the BSE. The scrip opened at Rs. 498.95 and has touched a high and low of Rs. 509.00 and Rs. 496.55 respectively. So far 61508 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 534.70 on 01-Aug-2023 and a 52 week low of Rs. 305.55 on 26-Dec-2022. Last one week high and low of the scrip stood at ...
Sula Vineyards gains on reporting 24% rise in Q1 consolidated net profit
Sula Vineyards gains on reporting 24% rise in Q1 consolidated net profit
Source: Accord Fintech
10/08/2023 12:32:48 PM
Buy Varun Beverages Ltd For Target Rs.940 - Motilal Oswal Financial Services * Varun Beverages (VBL) reported a revenue growth of 13% YoY in 2QCY23, led by growth in volumes (up 4.7% YoY) and higher realization (up 8.2% YoY to INR179/case). Sales volume growth in India was adversely impacted by abnormally high unseasonal rains throughout the quarter. * Softening of PET chips prices led to a 200bp YoY improvement in gross margins. Gross margin/unit case grew 12% YoY to INR93.8, while EBITDA/unit case improved 15% YoY to INR48.12, supported by favorable operating lev...
Buy Varun Beverages Ltd For Target Rs.940 - Motilal Oswal Financial Services
Buy Varun Beverages Ltd For Target Rs.940 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
4/08/2023 10:39:19 AM
Pepsi India bottler Varun Beverages posts profit growth on steady volumes Pepsi India bottler Varun Beverages on Thursday reported a 26.2% jump in its second-quarter profit, underpinned by improved product mix, a slide in input costs and higher volume growth. The company, which has been making and bottling PepsiCo-branded drinks for three decades, posted a consolidated net profit of 9.94 billion rupees ($120.22 million) for the reported quarter ended June 30, compared with 7.87 billion rupees a year earlier. Gurugram-based Varun Beverages, whose operations sp...
Pepsi India bottler Varun Beverages posts profit growth on steady volumes
Pepsi India bottler Varun Beverages posts profit growth on steady volumes
Source: Reuters
3/08/2023 12:45:35 PM
Som Distilleries & Breweries rises on getting approval for supply of IMFL brands in Rajasthan Som Distilleries Breweries & Wineries is currently trading at Rs. 337.20, up by 1.65 points or 0.49% from its previous closing of Rs. 335.55 on the BSE. The scrip opened at Rs. 341.85 and has touched a high and low of Rs. 344.05 and Rs. 335.00 respectively. So far 12864 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. 86.12 on 23-Aug-2022. Last one week high and ...
Som Distilleries & Breweries rises on getting approval for supply of IMFL brands in Rajasthan
Som Distilleries & Breweries rises on getting approval for supply of IMFL brands in Rajasthan
Source: Accord Fintech
2/08/2023 12:31:57 PM
Kingfisher beer maker United Breweries posts 16% slump in first-quarter profit India's United Breweries Ltd reported a 15.8% fall in June-quarter profit on Friday, dragged by higher excise duty and costs. The liquor maker, partly owned by the Dutch brewer Heineken NV, said its standalone profit fell to 1.36 billion rupees ($16.5 million) in the quarter ended June 30 from 1.62 billion rupees a year earlier. Total expenses rose 1.7%, outpacing a 0.9% increase in revenue to 52.41 billion rupees. The margin on the earnings before interest and taxes contracted 9...
Kingfisher beer maker United Breweries posts 16% slump in first-quarter profit
Kingfisher beer maker United Breweries posts 16% slump in first-quarter profit
Source: Reuters
29/07/2023 9:24:45 AM
United Spirits shines on reporting 83% rise in Q1 consolidated net profit United Spirits is currently trading at Rs. 1034.50, up by 59.10 points or 6.06% from its previous closing of Rs. 975.40 on the BSE. The scrip opened at Rs. 1000.00 and has touched a high and low of Rs. 1043.95 and Rs. 975.20 respectively. So far 339696 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1043.95 on 21-Jul-2023 and a 52 week low of Rs. 730.90 on 27-Feb-2023. Last one week high and low of the scrip sto...
United Spirits shines on reporting 83% rise in Q1 consolidated net profit
United Spirits shines on reporting 83% rise in Q1 consolidated net profit
Source: Accord Fintech
21/07/2023 12:36:22 PM
India`s United Spirits posts Q1 profit jump on tumbling expenses, premium sales India's United Spirits, which sells the Smirnoff brand of vodka and the Black Dog brand of whisky, reported a more-than-22% jump in Q1 profit on Thursday, as tumbling costs outpaced slowing demand and sales in its premium segment grew. The Bengaluru-based company's profit rose to 2.38 billion Indian rupees ($29.05 million) in the quarter ended June 30 from 1.95 billion rupees a year ago. Total expenses sank about 26% to 49.97 billion rupees, led by a 25% fall in costs of raw mat...
India`s United Spirits posts Q1 profit jump on tumbling expenses, premium sales
India`s United Spirits posts Q1 profit jump on tumbling expenses, premium sales
Source: Reuters
20/07/2023 6:03:52 PM
Blenders Pride Reserve Collection, the most premium Indian whisky, achieves 1 million cases milestone Seagram’s Blenders Pride Reserve Collection, an exquisite offering from the house of the iconic Blenders Pride, and the most premium Indian whisky has achieved a remarkable milestone of selling over 1 million cases in a year (Jul’22 to Jun’23). It is the 1st brand in its price segment at the top-end of Indian whiskies category to sell over a million cases (becoming the 3rd largest brand in the category), with an impressive growth of 30% (CAGR) in annual sales over ...
Blenders Pride Reserve Collection, the most premium Indian whisky, achieves 1 million cases milestone
Blenders Pride Reserve Collection, the most premium Indian whisky, achieves 1 million cases milestone
Source: PR Agency
14/07/2023 11:01:56 AM
Sula Vineyards surges on reporting 24% rise in Own Brands sales in Q1FY24 Sula Vineyards is currently trading at Rs. 462.00, up by 17.10 points or 3.84% from its previous closing of Rs. 444.90 on the BSE. The scrip opened at Rs. 458.05 and has touched a high and low of Rs. 465.00 and Rs. 452.05 respectively. So far 18489 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 489.60 on 22-Jun-2023 and a 52 week low of Rs. 305.55 on 26-Dec-2022. Last one week high and low of the scrip stood at...
Sula Vineyards surges on reporting 24% rise in Own Brands sales in Q1FY24
Sula Vineyards surges on reporting 24% rise in Own Brands sales in Q1FY24
Source: Accord Fintech
10/07/2023 11:04:47 AM
Radico Khaitan surges on launching `Happiness in a Bottle: A Happily Crafted Gin` Radico Khaitan is currently trading at Rs. 1316.85, up by 38.95 points or 3.05% from its previous closing of Rs. 1277.90 on the BSE. The scrip opened at Rs. 1282.35 and has touched a high and low of Rs. 1320.00 and Rs. 1261.35 respectively. So far 17573 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1334.35 on 04-Jul-2023 and a 52 week low of Rs. 865.60 on 11-Jul-2022. Last one week high and low of the scrip st...
Radico Khaitan surges on launching `Happiness in a Bottle: A Happily Crafted Gin`
Radico Khaitan surges on launching `Happiness in a Bottle: A Happily Crafted Gin`
Source: Accord Fintech
4/07/2023 12:12:44 PM
Tilaknagar Industries on high with subsidiary out of NCLT net For a change, the makers of Mansion House brandy Tilaknagar Industries Ltd are on a high as its subsidiary Prag Distillery Pvt Ltd is now out of the National Company Law Tribunal (NCLT). The NCLT has also allowed reinstatement of the Board of Directors of Prag Distillery for management of operations. Prag Distillery is situated in Andhra Pradesh and has a bottling capacity of approximately six lakhs cases per annum, said Tilaknagar Industries in a statement. Tilaknagar Industries sai...
Tilaknagar Industries on high with subsidiary out of NCLT net
Tilaknagar Industries on high with subsidiary out of NCLT net
Source: Accord Fintech
28/06/2023 3:22:58 PM
United Breweries inches up as its Kingfisher opens online merchandise store `KF.LIFE` United Breweries is currently trading at Rs. 1501.35, up by 3.90 points or 0.26% from its previous closing of Rs. 1497.45 on the BSE. The scrip opened at Rs. 1500.05 and has touched a high and low of Rs. 1506.35 and Rs. 1491.25 respectively. So far 1624 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1805.00 on 13-Dec-2022 and a 52 week low of Rs. 1342.25 on 05-May-2023. Last one week high and low of the scrip s...
United Breweries inches up as its Kingfisher opens online merchandise store `KF.LIFE`
United Breweries inches up as its Kingfisher opens online merchandise store `KF.LIFE`
Source: Accord Fintech
28/06/2023 2:55:09 PM
Sales of Indian-made foreign liquor rise by 14% in volume terms to 385 million cases in FY23: CIABC The Confederation of Indian Alcoholic Beverage Companies (CIABC) in its latest report has said sales of Indian-made foreign liquor (IMFL) rose by 14 per cent in volume terms to 385 million cases in FY 2022-23 (FY23) while premium products priced over Rs 1,000 per 750ml bottle grew by 48 percent. It said that sales are almost 12 percent higher than the pre-Covid levels of FY 2019-20, indicating that the impact of Covid has fully worn off. Further, it said the industry is expected to grow in...
Sales of Indian-made foreign liquor rise by 14% in volume terms to 385 million cases in FY23: CIABC
Sales of Indian-made foreign liquor rise by 14% in volume terms to 385 million cases in FY23: CIABC
Source: Accord Fintech
28/06/2023 10:18:59 AM
surges on commencing trial production with enhanced capacity at Odisha Plant Som Distilleries Breweries & Wineries is currently trading at Rs. 253.40, up by 7.55 points or 3.07% from its previous closing of Rs. 245.85 on the BSE. The scrip opened at Rs. 248.65 and has touched a high and low of Rs. 257.50 and Rs. 243.35 respectively. So far 101351 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 275.90 on 07-Jun-2023 and a 52 week low of Rs. 58.42 on 21-Jun-2022. Last one week high and...
surges on commencing trial production with enhanced capacity at Odisha Plant
surges on commencing trial production with enhanced capacity at Odisha Plant
Source: Accord Fintech
19/06/2023 3:14:07 PM
Balrampur Chini Mills inches up as its associate company to raise funds Balrampur Chini Mills is currently trading at Rs. 390.55, up by 0.10 points or 0.03% from its previous closing of Rs. 390.45 on the BSE. The scrip opened at Rs. 390.50 and has touched a high and low of Rs. 393.40 and Rs. 386.25 respectively. So far 92714 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 430.85 on 25-Apr-2023 and a 52 week low of Rs. 306.80 on 31-Oct-2022. Last one week high and low of the scrip st...
Balrampur Chini Mills inches up as its associate company to raise funds
Balrampur Chini Mills inches up as its associate company to raise funds
Source: Accord Fintech
15/06/2023 3:59:28 PM
Sula Vineyards rises on launching three new luxury lakeside villas Sula Vineyards is currently trading at Rs. 435.00, up by 5.80 points or 1.35% from its previous closing of Rs. 429.20 on the BSE. The scrip opened at Rs. 431.00 and has touched a high and low of Rs. 441.00 and Rs. 430.95 respectively. So far 14536 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 456.05 on 15-May-2023 and a 52 week low of Rs. 305.55 on 26-Dec-2022. Last one week high and low of the scrip stood at ...
Sula Vineyards rises on launching three new luxury lakeside villas
Sula Vineyards rises on launching three new luxury lakeside villas
Source: Accord Fintech
8/06/2023 10:15:18 AM
ADD United Spirits Ltd For Target Rs.900 - ICICI Securities Portfolio reshape playing out well, for now Continued outperformance in Prestige & Above (P&A) in Q4FY23 driven by portfolio reshape initiatives through innovations and renovations is pleasing. Further, balanced volume (~10% YoY) and price / mix growth (~12% YoY) in Q4FY23 vs largely mix driven growth in previous few quarters is also good though it had benefits of BIO normalisation. Popular portfolio underperformed with 18% YoY volume decline. Gross margins improved sequentially wi...
ADD United Spirits Ltd For Target Rs.900 - ICICI Securities
ADD United Spirits Ltd For Target Rs.900 - ICICI Securities
Source: ICICI Securities Ltd
2/06/2023 1:13:33 PM
Varun Beverages surges on incorporating wholly-owned subsidiary Varun Beverages is currently trading at Rs. 1598.05, up by 42.05 points or 2.70% from its previous closing of Rs. 1556.00 on the BSE. The scrip opened at Rs. 1559.00 and has touched a high and low of Rs. 1605.00 and Rs. 1559.00 respectively. So far 37811 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1654.00 on 11-May-2023 and a 52 week low of Rs. 697.25 on 31-May-2022. Last one week high and low of the scrip ...
Varun Beverages surges on incorporating wholly-owned subsidiary
Varun Beverages surges on incorporating wholly-owned subsidiary
Source: Accord Fintech
24/05/2023 10:33:38 AM
Som Distilleries trades higher on the BSE 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 ...
Som Distilleries trades higher on the BSE
Som Distilleries trades higher on the BSE
Source: Accord Fintech
23/05/2023 3:17:37 PM
Som Distilleries and Breweries zooms on entering into strategic tie-up with Carlsberg Som Distilleries and Breweries is currently trading at Rs. 205.10, up by 14.65 points or 7.69% from its previous closing of Rs. 190.45 on the BSE. The scrip opened at Rs. 187.05 and has touched a high and low of Rs. 216.70 and Rs. 185.30 respectively. So far 298883 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 th...
Som Distilleries and Breweries zooms on entering into strategic tie-up with Carlsberg
Som Distilleries and Breweries zooms on entering into strategic tie-up with Carlsberg
Source: Accord Fintech
22/05/2023 3:15:30 PM
Bengaluru`s MG Road best high street in India, Hyderabad`s Somajiguda ranks second: Knight Frank and Phygital Retail Convention Report *  Linking Road (Mumbai), and South Extension (Delhi) among top 10 high streets * 4 Bengaluru high streets in top 10; Chennai and Kolkata rank 5th and 6th respectively *  Total high street stock of 13.2 mn sq ft spread across 4,875 retail stores in top 8 markets *  NCR contributes 24% of India’s total occupied modern retail arena, highest across top 8 market *  Potential consumption in high streets derived at nearly $2 bn for FY-24 In a primary survey ...
Bengaluru`s MG Road best high street in India, Hyderabad`s Somajiguda ranks second: Knight Frank and Phygital Retail Convention Report
Bengaluru`s MG Road best high street in India, Hyderabad`s Somajiguda ranks second: Knight Frank and Phygital Retail Convention Report
Source: PR Agency
10/05/2023 5:59:27 PM
Hold United Breweries Ltd For Target Rs.1500 By ICICI Direct About the stock: United Breweries (UBL) is the biggest beer player in the domestic market (~50% market share), a sector largely dominated by MNCs (~85% of market).               * On-trade sales comprise ~10% of revenues (rest 90% is off-trade)              * Heineken, one of the world’s largest beer companies, holds 72.7% stake in United Breweries Q4FY23 Results: COGS inflation and negative operating leverag...
Hold United Breweries Ltd For Target Rs.1500 By ICICI Direct
Hold United Breweries Ltd For Target Rs.1500 By ICICI Direct
Source: ICICI Direct
10/05/2023 2:15:42 PM
Buy Varun Beverages Ltd For Target Rs.1700 - Emkay Global Financial Services Q1 EBITDA was 10-15% ahead of Street/our estimates, led by strong traction in India operations and better mix (smaller cases). While traction in star performer Sting continues, VBL is committing capital to future growth drivers [value-added dairy, juice and sports drink]. With improved affordability, VBL remains confident about demand for new products and plans improving supply by leveraging its two new manufacturing capacities in CY24 and its existing distribution/visi-cooler network. The Q1...
Buy Varun Beverages Ltd For Target Rs.1700 - Emkay Global Financial Services
Buy Varun Beverages Ltd For Target Rs.1700 - Emkay Global Financial Services
Source: Emkay Global Financial Services
9/05/2023 12:08:05 PM
Sell United Breweries Ltd For Target Rs.1,190 By Motilal Oswal Financial Services Ltd   * The company’s 4QFY23 results were disappointing across all metrics. Volume growth was only 3%; however, when adjusted for route-to-market changes, it was at 17%. The management indicated that the demand has been adversely impacted in the northern region due to unseasonal rainfall. * Gross margin came at just 38.6%, and is at its lowest level. It was adversely impacted by high barley and packaging costs and adverse state mix. The company has started procuring new barley bu...
Sell United Breweries Ltd For Target Rs.1,190 By Motilal Oswal Financial Services Ltd
Sell United Breweries Ltd For Target Rs.1,190 By Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
8/05/2023 12:32:50 PM
United Breweries declines on reporting 94% fall in Q4 consolidated net profit United Breweries is currently trading at Rs. 1394.50, down by 35.50 points or 2.48% from its previous closing of Rs. 1430.00 on the BSE. The scrip opened at Rs. 1342.25 and has touched a high and low of Rs. 1419.00 and Rs. 1342.25 respectively. So far 30311 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1805.00 on 13-Dec-2022 and a 52 week low of Rs. 1,342.25 on 5-May-2023. Last one week high and low of the scr...
United Breweries declines on reporting 94% fall in Q4 consolidated net profit
United Breweries declines on reporting 94% fall in Q4 consolidated net profit
Source: Accord Fintech
5/05/2023 1:25:24 PM
Sula Vineyards soars on reporting rise in Q4 consolidated net profit Sula Vineyards is currently trading at Rs. 403.25, up by 2.75 points or 0.69% from its previous closing of Rs. 400.50 on the BSE. The scrip opened at Rs. 402.00 and has touched a high and low of Rs. 414.90 and Rs. 397.05 respectively. So far 148046 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 432.00 on 23-Jan-2023 and a 52 week low of Rs. 305.55 on 26-Dec-2022. Last one week high and low of the scrip stood at...
Sula Vineyards soars on reporting rise in Q4 consolidated net profit
Sula Vineyards soars on reporting rise in Q4 consolidated net profit
Source: Accord Fintech
4/05/2023 11:41:49 AM
Pepsi bottler Varun Beverages posts Q1 profit jump; announces stock split  India-based Pepsi bottler Varun Beverages on Tuesday reported an about 69% jump in quarterly profit on price increases and steady demand, and said it would split each of its existing shares into two. The company reported a consolidated net profit of 4.29 billion rupees ($52.46 million) for the first quarter ended March 31, compared to 2.54 billion rupees a year earlier. Gurugram-based Varun Beverages, which is PepsiCo's No.2 franchisee outside the United States, packages and d...
Pepsi bottler Varun Beverages posts Q1 profit jump; announces stock split
Pepsi bottler Varun Beverages posts Q1 profit jump; announces stock split
Source: Reuters
3/05/2023 8:52:01 AM
Som Distilleries and Breweries zooms as its arm starts commercial production of expanded capacity in Karnataka Som Distilleries Breweries & Wineries is currently trading at Rs. 167.55, up by 8.00 points or 5.01% from its previous closing of Rs. 159.55 on the BSE. The scrip opened at Rs. 163.75 and has touched a high and low of Rs. 171.35 and Rs. 161.45 respectively. So far 192276 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 171.35 on 19-Apr-2023 and a 52 week low of Rs. 53.60 on 12-May-2022. Last one week high and...
Som Distilleries and Breweries zooms as its arm starts commercial production of expanded capacity in Karnataka
Som Distilleries and Breweries zooms as its arm starts commercial production of expanded capacity in Karnataka
Source: Accord Fintech
19/04/2023 12:40:31 PM
Radico Khaitan gains as its flagship brands achieve record sales Radico Khaitan is currently trading at Rs. 1094.00, up by 14.85 points or 1.38% from its previous closing of Rs. 1079.15 on the BSE. The scrip opened at Rs. 1079.15 and has touched a high and low of Rs. 1104.60 and Rs. 1069.60 respectively. So far 6076 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1229.90 on 06-Feb-2023 and a 52 week low of Rs. 731.35 on 12-May-2022. Last one week high and low of the scrip sto...
Radico Khaitan gains as its flagship brands achieve record sales
Radico Khaitan gains as its flagship brands achieve record sales
Source: Accord Fintech
12/04/2023 11:29:58 AM
Sula Vineyards shines on reporting 15% rise in Own Brands sales in Q4FY23 Sula Vineyards is currently trading at Rs. 377.05, up by 24.95 points or 7.09% from its previous closing of Rs. 352.10 on the BSE. The scrip opened at Rs. 389.75 and has touched a high and low of Rs. 389.75 and Rs. 367.00 respectively. So far 76416 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 432.00 on 23-Jan-2023 and a 52 week low of Rs. 305.55 on 26-Dec-2022. Last one week high and low of the scrip stood at...
Sula Vineyards shines on reporting 15% rise in Own Brands sales in Q4FY23
Sula Vineyards shines on reporting 15% rise in Own Brands sales in Q4FY23
Source: Accord Fintech
12/04/2023 10:57:05 AM
Varun Beverages surges on acquiring 9.80% stake in Lone Cypress Ventures Varun Beverages is currently trading at Rs. 1326.20, up by 13.65 points or 1.04% from its previous closing of Rs. 1312.55 on the BSE. The scrip opened at Rs. 1306.40 and has touched a high and low of Rs. 1328.85 and Rs. 1295.55 respectively. So far 53034 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1432.05 on 12-Dec-2022 and a 52 week low of Rs. 594.00 on 15-Mar-2022. Last one week high and low of the scrip ...
Varun Beverages surges on acquiring 9.80% stake in Lone Cypress Ventures
Varun Beverages surges on acquiring 9.80% stake in Lone Cypress Ventures
Source: Accord Fintech
14/03/2023 12:51:31 PM
LKP Spade : Buy Varun Beverages Ltd For Target Rs. 1457 - LKP Securities VARUN BEVERAGES LTD (NSE SYMBOL: VBL | BSE CODE: 540180) * The stock is on the verge of a breakout from a falling trend line and has been forming higher high higher low formations on the smaller time frame. * The momentum indicator RSI has crossed the level of 60 which confirmsthe strength of the stock. * The stock is trading above the short-term moving average of 21 days which is placed at 1245 acting as s strong support. Buy Varun Beverages Ltd CMP Rs. 1325; Stop Loss Below ...
LKP Spade : Buy Varun Beverages Ltd For Target Rs. 1457 - LKP Securities
LKP Spade : Buy Varun Beverages Ltd For Target Rs. 1457 - LKP Securities
Source: LKP Securities Ltd
20/02/2023 10:51:08 AM
Varun Beverages zooms on reporting over 2-fold jump in Q3 consolidated net profit Varun Beverages is currently trading at Rs. 1301.65, up by 80.80 points or 6.62% from its previous closing of Rs. 1220.85 on the BSE. The scrip opened at Rs. 1239.85 and has touched a high and low of Rs. 1304.50 and Rs. 1236.00 respectively. So far 54902 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1432.05 on 12-Dec-2022 and a 52 week low of Rs. 557.23 on 24-Feb-2022. Last one week high and low of the scrip ...
Varun Beverages zooms on reporting over 2-fold jump in Q3 consolidated net profit
Varun Beverages zooms on reporting over 2-fold jump in Q3 consolidated net profit
Source: Accord Fintech
7/02/2023 12:39:31 PM
Pepsi India bottler beats profit view on higher soda demand, price hikes CHENNAI - India's Varun Beverages reported a better-than-expected quarterly profit on Monday as the Pepsi bottler benefited from price increases and demand for its pricier drinks, including the Sting energy brand. The company, which has been making and bottling PepsiCo-branded drinks for three decades, said profit for the fourth quarter that ended Dec. 31 more than quadrupled to 747.5 million rupees ($9.06 million) from a year earlier. Analysts on average had expected a profit ...
Pepsi India bottler beats profit view on higher soda demand, price hikes
Pepsi India bottler beats profit view on higher soda demand, price hikes
Source: Reuters
6/02/2023 12:50:09 PM
India's United Spirits December-quarter profit falls as sales drop, expenses weigh  Indian alcoholic beverage maker United Spirits Ltd on Tuesday reported a 64.4% slump in quarterly profit, hurt by soaring input costs, falling sales and a one-time expense. The maker of Johnny Walker whiskey reported a profit of 1.11 billion rupees ($13.61 million) in the quarter ended Dec. 31, down from 3.11 billion rupees in the previous year. The sector has been grappling with high cost of extra neutral alcohol and soda ash. Meanwhile, bottle prices have spiked due to inflation...
India's United Spirits December-quarter profit falls as sales drop, expenses weigh
India's United Spirits December-quarter profit falls as sales drop, expenses weigh
Source: Reuters
25/01/2023 11:43:58 AM
Reliance Consumer Products forms JV with 100-yr-old beverage maker Sosyo Hajoori Beverages Reliance Consumer Products Limited (RCPL), the FMCG arm and a wholly-owned subsidiary of Reliance Retail Ventures Limited (RRVL), announced on Tuesday that it will acquire 50 per cent equity stake in Gujarat-headquartered Sosyo Hajoori Beverages Private Limited (SHBPL), which owns and operates a beverage business under the flagship brand Sosyo. The existing promoters, Hajoori family, will continue to own the remaining stake in SHBPL. Sosyo is a heritage Indian brand with around 100 year...
Reliance Consumer Products forms JV with 100-yr-old beverage maker Sosyo Hajoori Beverages
Reliance Consumer Products forms JV with 100-yr-old beverage maker Sosyo Hajoori Beverages
Source: IANS
4/01/2023 9:39:16 AM
Vintage Coffee shines on bagging order to supply Instant Coffee from large brand in South East Asia Vintage Coffee & Beverages is currently trading at Rs. 55.00, up by 1.35 points or 2.52% from its previous closing of Rs. 53.65 on the BSE. The scrip opened at Rs. 54.00 and has touched a high and low of Rs. 55.00 and Rs. 54.00 respectively. So far 15244 shares were traded on the counter. The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 104.85 on 21-Sep-2022 and a 52 week low of Rs. 41.00 on 21-Dec-2022. Last one week high and low of the scri...
Vintage Coffee shines on bagging order to supply Instant Coffee from large brand in South East Asia
Vintage Coffee shines on bagging order to supply Instant Coffee from large brand in South East Asia
Source: Accord Fintech
29/12/2022 10:18:10 AM
Sula Vineyards Ltd. debuts with 0.28% premium at Rs 358.00 Sula Vineyards Ltd. makes a strong debut on the bourses with scrip got listed at Rs 358.00 on the Bombay Stock Exchange, a 0.28 per cent premium to its issue price of Rs 357.00. On the National Stock Exchange, the stock was listed at Rs 361.00. The company, which raised 2.69 Cr from initial public offering, was subscribed 1.97 times, receiving bids for 529.94 lakhs shares against the total issue size of 269.01 lakhs shares. The company, listed under B Group Securities post its IPO, opened ...
Sula Vineyards Ltd. debuts with 0.28% premium at Rs 358.00
Sula Vineyards Ltd. debuts with 0.28% premium at Rs 358.00
Source: Dion Global Solutions Ltd
22/12/2022 11:12:41 AM
Balrampur Chini Mills rises on commencing commercial production of Rectified Spirit Balrampur Chini Mills is currently trading at Rs. 395.80, up by 3.70 points or 0.94% from its previous closing of Rs. 392.10 on the BSE. The scrip opened at Rs. 392.80 and has touched a high and low of Rs. 396.60 and Rs. 392.00 respectively. So far 4707 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 525.70 on 08-Apr-2022 and a 52 week low of Rs. 299.50 on 20-Dec-2021. Last one week high and low of the scrip sto...
Balrampur Chini Mills rises on commencing commercial production of Rectified Spirit
Balrampur Chini Mills rises on commencing commercial production of Rectified Spirit
Source: Accord Fintech
20/12/2022 10:12:15 AM
IPO Note : Sula Vineyards Ltd By Choice Broking Salient features of the IPO: • India's largest wine producer and seller, Sula Vineyards Ltd. (Sula), is coming up with an IPO to raise Rs. 960cr, which opens on 12th Dec. and closes on 14th Dec. 2022. The price band is Rs. 340 - 357 per share. • The IPO consists only of OFS portion, thus the company will not receive any proceeds from the issue. • Through this IPO, the promoter group is diluting 1.11% of the stake. Couple of private equity investors are fully exitin...
IPO Note : Sula Vineyards Ltd By Choice Broking
IPO Note : Sula Vineyards Ltd By Choice Broking
Source: Choice Broking Ltd
11/12/2022 6:02:31 PM
India`s top winemaker Sula aims for 29.13 billion rupees valuation in IPO Sula Vineyards is aiming for a valuation of up to 29.13 billion rupees ($353 million) in India's first initial public offering by a pure wine maker, riding high on the rise in consumption since the pandemic in a country that prefers beer, whisky and country liquor. About 26.9 million shares will be sold for between 340 rupees and 357 rupees in the IPO, with Sula raising 9.60 billion rupees, Chief Executive Rajeev Samant said at a press conference in Mumbai on Wednesday. Samant as we...
India`s top winemaker Sula aims for 29.13 billion rupees valuation in IPO
India`s top winemaker Sula aims for 29.13 billion rupees valuation in IPO
Source: Reuters
7/12/2022 4:07:09 PM
India's Bira 91 raises $70 million in Kirin-led funding round Indian craft beer maker Bira 91 has raised $70 million in a funding round led by Japanese beer company Kirin Holdings Co Ltd as it looks to ramp up production amid strong demand for the alcoholic beverage, the two companies said on Tuesday. Bira competes with brands such as Carlsberg and Heineken-owned United Breweries in India's estimated $5 billion beer market. Craft beer sales are on the rise in India as younger, affluent consumers in big cities choose brands and pubs that make l...
India's Bira 91 raises $70 million in Kirin-led funding round
India's Bira 91 raises $70 million in Kirin-led funding round
Source: Reuters
22/11/2022 11:32:22 AM
Buy Globus Spirits Ltd For Target Rs 1000 - ICICI Direct Rajasthan policy change, Haryana market share loss impacts mix About the stock: Globus Spirits (GSL) is the largest grain based ENA manufacturer in India with a capacity of 250 million litre. The company is also a supplier of Indian made Indian liquor (IMIL) and premium IMFL in India. * Consumer segment comprised ~34% of consolidated revenues, with the rest contributed by bulk alcohol (66%) * Total 80% of IMIL sales occurs in Rajasthan (32-33% market share)   Q2FY23 Result...
Buy Globus Spirits Ltd For Target Rs 1000 - ICICI Direct
Buy Globus Spirits Ltd For Target Rs 1000 - ICICI Direct
Source: ICICI Direct
18/11/2022 3:39:01 PM
Jagatjit Industries jumps on turning black in Q2FY23 Jagatjit Industries is currently trading at Rs. 78.80, up by 1.00 points or 1.29% from its previous closing of Rs. 77.80 on the BSE. The scrip opened at Rs. 76.25 and has touched a high and low of Rs. 79.40 and Rs. 75.55 respectively. So far 616 shares were traded on the counter. The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 86.95 on 10-Jan-2022 and a 52 week low of Rs. 53.10 on 29-Jun-2022. Last one week high and low of the scrip stood at Rs...
Jagatjit Industries jumps on turning black in Q2FY23
Jagatjit Industries jumps on turning black in Q2FY23
Source: Accord Fintech
17/11/2022 11:53:55 AM