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Globus Spirits is currently trading at Rs 107.10, up by 1.60 points or 1.52% from its previous closing of Rs 105.50 on the BSE.
The scrip opened at Rs 107.95 and has touched a high and low of Rs 112.95 and Rs 104.65 respectively. So far 3434 shares were traded on the counter.
The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 158.00 on 16-Jun-2011 and a 52 week low of Rs 87.10 on 19-Dec-2011.
Last one week high and low of the scrip stood at Rs 112.95 and Rs 101.00 respectively. The current market cap of the company is Rs 246.31 crore.
The promoters holding in the company stood at 67.14% while Institutions and Non-Institutions held 15.14% and 17.72% respectively.
Globus Spirits (GSL), a leading player in the spirits sector has signed a franchisee bottling agreement with United Spirits (USL) in the state of Haryana. The initial contract will contribute volumes of 0.75 million cases per year and is expected to ramp up significantly going forward. The operations have already commenced on April 20, 2012 with bottling for Bagpiper Whisky and will be followed by Moghul Monarch and Derby Special.
The above agreement with USL is already in addition to the existing bottling tie-up with ABD for 1.2 million cases annually. The arrangement further strengthens the company's alliances in the franchisee bottling segment and will enable guaranteed utilisation of capacities coupled with higher margins compared to the sale of bulk spirit.
GSL is engaged in the business of manufacture, marketing and selling of Industrial Alcohol (comprising RS and ENA), CL and IMFL. The company has a well established position in domestic CL segment with significant market share (22%, 17% and 20% share in Rajasthan, Haryana and Delhi respectively).
| Company Name | CMP |
|---|---|
| United Spirits | 1308.00 |
| United Breweries | 2037.30 |
| Radico Khaitan | 1695.00 |
| Globus Spirits | 728.00 |
| Tilaknagar Inds | 267.75 |
| View more.. | |
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MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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