India's Associated Alcohols hits record high on Q3 profit jump

Associated Alcohols & Breweries

27/01/2025 07:23

** Shares of Associated Alcohols & Breweries  ASAL.NS  rise
7.5% to a record high of 1,218.7 rupees
    ** Co reports Q3 profit of 260.9 mln rupees ($3.02 mln), up
more than 100% year-on-year; rev up 73.5%
    ** Stock sees busiest day since Sept. 11, with over 394,000
shares traded
    ** ASAL stock price more than doubled in 2024 vs 29% gain in
peer Varun Beverages  VARB.NS 



($1 = 86.4425 Indian rupees)

 (Reporting by Aleef Jahan in Bengaluru)
 ((aleefjahan.cs@thomsonreuters.com))