Pioneer Distilleries is currently trading at Rs. 188.80, up by 5.50 points or 3.00% from its previous closing of Rs. 183.30 on the BSE.
The scrip opened at Rs. 185.60 and has touched a high and low of Rs. 192.00 and Rs. 185.60 respectively. So far 1682 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 262.50 on 10-Feb-2016 and a 52 week low of Rs. 81.60 on 16-Mar-2016.
Last one week high and low of the scrip stood at Rs. 192.00 and Rs. 182.60 respectively. The current market cap of the company is Rs. 252.77 crore.
The promoters holding in the company stood at 75.00%, while institutions and non-institutions held 0.75% and 24.25% respectively.
Pioneer Distilleries has re-commenced the operations of the MENA plant with effect from January 30, 2017.
Last year in March, the company had temporary stopped the manufacturing activities of the 100 Kilo Liters Per Day (KLPD) Molasses Based Extra Neutral Alcohol (MENA) plant(s) at the factory located at Balapur (V), Dharmabad (Taluk), Nanded District in Maharashtra state, on account of shortage in water availability due to less rains during monsoon season in the region and overhauling of the boilers and the dryer.
Pioneer Distilleries, a subsidiary of United Spirits is engaged in manufacturing of Alcohol. The factory is situated at Dharmabad of Nanded District of Maharashtra.
