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Som Distilleries strengthens on inking MoU with White Owl Brewery

22 Aug 2017 Evaluate

Som Distilleries & Breweries is currently trading at Rs. 139.40, up by 1.20 points or 0.87% from its previous closing of Rs. 138.20 on the BSE.

The scrip opened at Rs. 139.00 and has touched a high and low of Rs. 140.50 and Rs. 138.00 respectively. So far 11,000 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. 150.00 and Rs. 133.15 respectively. The current market cap of the company is Rs. 383.66 crore.

The promoters holding in the company stood at 22.99%, while Institutions and Non-Institutions held 0.01% and 77.01% respectively.

Som Distilleries & Breweries has signed a Memorandum of Understanding (MoU) with White Owl Brewery (White Owl), India's foremost craft beer company for the manufacture of all their speciality beers. The company’s collaboration with White Owl further reflects its technical capabilities on producing the finest craft beer in the country.

The company has been brewing quality beers since last twenty years and the company’s beers have been the preferred choice of consumers. It has sold close to 5.4 million cases of beer in the FY 16-17 showing the strength of its brands and the quality of the products it produces.

Som Distilleries & Breweries is engaged in the business of brewing, fermentation, bottling, canning and blending of beer and Indian made foreign liquor.


Peers
Company Name CMP
United Spirits 1411.20
United Breweries 1217.60
Radico Khaitan 4483.95
India Glycols 297.25
Allied Blenders&Dist 722.80
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