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DISTILLERIES AND BREWERIES LTD
Cupid Breweries to acquire United Spirits' alcobev unit in Odisha for Rs 22.5 croreCupid Breweries and Distilleries will acquire an operational alcoholic beverage manufacturing unit in Odisha from United Spirits Limited. T...- Ban on sale of alcohol in tetra packs? SC seeks Centre's viewThe Supreme Court has flagged alcohol sold in tetra packs and sachets as deceptive. Notices have been issued to the government and manufact...
- No happy hour yet: Alcohol makers flag cost shock, seek state price hikeAlcoholic beverage makers are urging state governments for price increases. Rising costs for cans and bottles are impacting production. Sup...
- Liquor stocks have macro tailwinds, but will FTAs become a problem? 6 liquor stocks with an upside potential of up to 26%Supply chain disruptions caused by the US-Israel-Iran conflict have a second-order impact on several industries. The liquor sector is no ex...
- Stocks in news: TVS Motor Company, Info Edge, NTPC, NHPC, Coal India, Sammaan Capital, Som Distilleries & BreweriesIndian markets experienced a sharp decline on Friday, with Nifty and Sensex falling over 2% due to volatility, primarily driven by financia...
- Som Distilleries and Breweries announces new greenfield project in Uttar PradeshThe Uttar Pradesh State Industrial Development Authority has allocated 40 acres for the venture, which aims to leverage the state's large c...
- Som Distilleries & Breweries Limited announces Q3 FY2024-25 resultsThe company delivered strong growth across key financial metrics, reflecting its operational efficiency and strong market presence.
- SOM Distilleries and Breweries Ltd announces 27% increase in total income in half-year FY25 performanceThe company was able to reduce the gross debt from ₹177 crores in March 2024 to ₹ 126 crores in September 2024.
- SOM Distilleries and Breweries' net profit before minority interest up 20% on-year in Q1FY25SOM Distilleries and Breweries Ltd announced strong Q1 FY25 financial results with a 33% increase in total income to Rs 513.7 crore.
- MP distillery, where children were found working, sealed; manufacturing licence suspendedA distillery linked to Som Group in Raisen, MP, was sealed for alleged child labor violations. The plant, part of Som Distilleries & Brewer...
- Som Distilleries shares tumble nearly 16% after children rescued from Madhya Pradesh plantShares of Som Distilleries plunged by almost 16%, reaching a low of Rs 105 on the Bombay Stock Exchange (BSE) on Tuesday. This drop occurre...
- Police investigate Som Distilleries over allegations of employing children; company issues clarificationPolice are investigating Som Distilleries and Breweries Ltd after allegations surfaced that over 50 children, including 20 girls, were foun...
- Buy Som Distilleries & Breweries, target price Rs 385: HDFC SecuritiesPromoters held 34.47 per cent stake in the company as of 30-Jun-2023, while FIIs owned 1.08 per cent, DIIs 0.15 per cent.
- Multibagger smallcap breweries stock announces dividend"The dividend shall be paid on or before December 17, 2022, to those members, whose names appear on the Register of Members or in records o...
- PNB to sell NPA account Apollo Distilleries & BreweriesInviting asset reconstruction companies (ARCs) to put their bids for transferring the loan account of Apollo Distilleries & Breweries, the ...
- Ponty Chadha’s Wave group headed for a splitUnder the separation plan the lion’s share of 64% of group assets in terms of value will go to Manpreet Singh Chadha.
- Yogi tweaks liquor policy, UP excise collection up by 48%The auditor has compared the excessive charges on specific liquor brands, a big share of which went to the distilleries, as compared to the...
- Stock market update: Liquor stocks clock healthy gains; United Breweries jumps 5%The BSE Sensex advanced by 51 points or 0.13 per cent and Nifty inched up by 12 points or 0.10 per cent.
- Pankaja Munde opposed water cut to industries due to personal interest: NCPNow the Nationalist Congress Party (NCP) has claimed that Pankaja had opposed the move as her husband Amit Palwe has stake in a distillery.
- Som Distilleries in talks to raise $30 millionSom Distilleries and Breweries is in talks with European investment bank Bryan, Garnier & Co, for an investment of $30 mn in the company.
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