Liquor stocks slumped after Maharashtra cabinet has approved revenue-boosting changes in the excise department, including a hike in duty on liquor and the creation of new offices and posts.
United Spirits is currently trading at Rs. 1494.00, down by 116.55 points or 7.24% from its previous closing of Rs. 1610.55 on the BSE. The scrip opened at Rs. 1523.95 and has touched a high and low of Rs. 1548.75 and Rs. 1482.00 respectively. So far 248877 shares were traded on the counter.
Allied Blenders and Distillers is currently trading at Rs. 426.40, down by 18.55 points or 4.17% from its previous closing of Rs. 444.95 on the BSE. The scrip opened at Rs. 435.10 and has touched a high and low of Rs. 441.00 and Rs. 416.75 respectively. So far 84148 shares were traded on the counter
Radico Khaitan is currently trading at Rs. 2564.40, down by 89.55 points or 3.37% from its previous closing of Rs. 2653.95 on the BSE. The scrip opened at Rs. 2597.95 and has touched a high and low of Rs. 2650.00 and Rs. 2564.40 respectively. So far 9505 shares were traded on the counter.
