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Breweries & Distilleries Stocks surge as FM proposes to cut basic customs duty on methyl alcohol to 5%

10 Jul 2014 Evaluate

Breweries & Distilleries Stocks such as United Spirits, Radico Khaitan and United Brewerie have surged as FM proposes to cut basic customs duty on methyl alcohol to 5%

United Spirits is currently trading at Rs. 2327.35, up by 29.70 points or 1.29% from its previous closing of Rs. 2297.65 on the BSE. The scrip opened at Rs. 2306.00 and has touched a high and low of Rs. 2343.15 and Rs. 2255.40 respectively. So far 76280 shares were traded on the counter.

United Breweries is currently trading at Rs. 702.40, up by 6.30 points or 0.91% from its previous closing of Rs. 696.10 on the BSE. The scrip opened at Rs. 696.00 and has touched a high and low of Rs. 702.40 and Rs. 687.25 respectively. So far 7363 shares were traded on the counter.

Radico Khaitan is currently trading at Rs. 104.70, up by 3.95 points or 3.92 % from its previous closing of Rs. 100.75 on the BSE. The scrip opened at Rs. 102.00 and has touched a high and low of Rs. 104.70 and Rs. 101.05 respectively. So far 51961 shares were traded on the counter.

Peers
Company Name CMP
United Spirits 1366.75
United Breweries 1242.10
Radico Khaitan 4345.00
India Glycols 280.95
Allied Blenders&Dist 632.20
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