Liquor stocks declined as the Food Safety & Standards Authority of India (FSSAI) mandate makers to carry statutory warning on bottles. Food Safety and Standards (Alcoholic Beverages) 2018 has mandated the makers to carry ‘Consumption of alcohol is injurious to health. Be safe-don’t drink and drive.’ It has also given a time of six months to the manufacturer for use of unused labels and printed cans.
GM Breweries is currently trading at Rs. 648.70, down by 21.35 points or 3.19 % from its previous closing of Rs. 670.05 on the BSE. The scrip opened at Rs. 684.00 and has touched a high and low of Rs. 684.00 and Rs. 635.00 respectively. So far 12139 shares were traded on the counter.
United Breweries is currently trading at Rs. 1407.00, down by 8.20 points or 0.58 % from its previous closing of Rs. 1415.20 on the BSE. The scrip opened at Rs. 1415.00 and has touched a high and low of Rs. 1415.00 and Rs. 1391.65 respectively. So far 7226 shares were traded on the counter.
Radico Khaitan is currently trading at Rs. 393.35, down by 1.40 points or 0.35 % from its previous closing of Rs. 394.75 on the BSE. The scrip opened at Rs. 398.50 and has touched a high and low of Rs. 398.50 and Rs. 392.45 respectively. So far 13944 shares were traded on the counter.
