Som Distilleries & Breweries is currently trading at Rs. 140.00, up by 18.70 points or 15.42% from its previous closing of Rs. 121.30 on the BSE.
The scrip opened at Rs. 124.40 and has touched a high and low of Rs. 143.80 and Rs. 124.40 respectively. So far 24,000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 208.40 on 27-Sep-2016 and a 52 week low of Rs. 109.00 on 27-Dec-2016.
Last one week high and low of the scrip stood at Rs. 143.80 and Rs. 117.30 respectively. The current market cap of the company is Rs. 385.31 crore.
The promoters holding in the company stood at 22.97%, while Institutions and Non-Institutions held 0.01% and 77.02% respectively.
Som Distilleries & Breweries has started the supply of Black Fort Beer to Karnataka. The response from consumers and the trade is very encouraging. The company expects to get a considerable market share in the short term. Further, the company shall be launching out its mainline brands next month in Karnataka.
Earlier in January, the company had introduced a new variant of White Fox Vodka Ready to Drink (RTD) in Cranberry flavour named as Cosmo Cranberry. The company had launched the same after the success of White Fox Vodka Ready to Drink (RTD) in Orange and Lemon Flavors.
Som Distilleries & Breweries is engaged in the business of brewing, fermentation, bottling, canning and blending of beer and Indian made foreign liquor.