SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Empee Distilleries surges on expanding footprint in southern States

24 Sep 2013 Evaluate

Empee Distilleries is currently trading at Rs. 41.10, up by 0.45 points or 1.11% from its previous closing of Rs. 40.65 on the BSE.

The scrip opened at Rs. 40.75 and has touched a high and low of Rs. 41.75 and Rs. 39.50 respectively. So far 1806 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 96.25 on 15-Nov-2012 and a 52 week low of Rs. 29.80 on 22-Aug-2013.

Last one week high and low of the scrip stood at Rs. 43.75 and Rs. 40.00 respectively. The current market cap of the company is Rs. 77.37 crore.

The promoters holding in the company stood at 69.14% while Institutions and Non-Institutions held 0.07% and 30.79% respectively.

Empee Distilleries has started expanding its footprint in the southern States through tie-ups and contract manufacturing. In this regard, the company has started commercial production at its blending and bottling unit for Indian-made foreign liquor (IMFL) in Kolar, Karnataka, following a tie-up with Bangalore-based USL.

Moreover, the company has commissioned new projects, including a grain-based alcohol plant in Andhra Pradesh. Further, the company is also planning to invest Rs 120 crore in a molasses-based distillery at Gummidipoondi near Chennai.

Empee Distilleries started over two decades ago in a small way in Chennai for manufacturing Indian made foreign liquor (IMFL); it has now expanded substantially with state-of-the-art manufacturing facilities not only in Tamil Nadu but also in Kerala, Karnataka and Andhra Pradesh.

Empee Distilleries Share Price

4.52 0.00 (0.00%)
16-Jul-2020 18:01 View Price Chart
Peers
Company Name CMP
United Spirits 1396.65
United Breweries 1505.70
Radico Khaitan 3247.00
India Glycols 980.65
Allied Blenders 552.40
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×