Som Distilleries shares jump 14% as ace investor Prashant Jain buys 25 lakh shares in Q1. What is he seeing?

The shares of Som Distilleries jumped around 14% on Monday afternoon after the latest data on the company’s shareholding pattern showed that veteran investor Prashant Jain bought more than 25 lakh shares, or a 1.22% stake, in the spirits and alcoholic beverages maker in Q1 of FY27.

The shares of the company sharply jumped to Rs 74.19 apiece in the afternoon, after trading in the red in the morning trading hours. The stock has gained over 7% in one week, although it is down 33% in 2026 so far.

Prashant Jain buys Som Distilleries shares

Prashant Jain owned 25.27 lakh shares or a 1.22% stake in Som Distilleries at the end of Q1 FY27, according to the latest data on the company’s shareholding pattern available on the NSE, which was released today. He was one of the largest public individual shareholders in the company. Notably, Jain’s name was not present in the company’s shareholding pattern data as of March 30, 2026.

The exact price at which the veteran market investor may have bought the shares is unknown. Also, it is important to note that companies are required to disclose shareholders’ names in the shareholding pattern only when their total stake crosses 1%. This means that it is not possible to ascertain whether Jain added the stock to his portfolio in March or simply bought more shares of his existing holding.

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Som Distilleries share price
Jain’s purchase of shares in the company boosted investor confidence in the stock, which surged 14% today. The stock has, however, fallen more than 55% in one year and 44% in three years.

In the longer term, Som Distilleries shares gained over 250% in five years. The company has a market capitalisation of nearly Rs 1,500 crore.

Som Distilleries earnings snapshot
Som Distilleries in May reported a net loss of Rs 5.7 crore in the January-March quarter of FY26, as against a net profit of Rs 23.7 crore in the year-ago period. Its total income dropped over 46% year-on-year (YoY) to Rs 182 crore during the quarter under review.

The company’s EBITDA fell 20% YoY to Rs 42.9 crore, while gross profit margin nearly halved to 17.67%. It is yet to release its Q1 FY27 results.

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