India's Associated Alcohols jumps after court halts FSSAI ban on its liquor brands
13/08/2026 08:37
BUZZ-India's Associated Alcohols jumps after court halts FSSAI ban on its liquor brands ** Liquor manufacturer Associated Alcohols & Breweries' shares ASAL.NS rise as much as 4.22%, their biggest intraday rise in a month, to 753.7 rupees apiece
** ASAL shares last up 2.2%
** Uptick comes after the High Court of Madhya Pradesh grants a stay on the order passed by the Food Safety and Standards Authority of India (FSSAI) prohibiting the sale of one of the Whiskey and Rum brands manufactured by the company
** ASAL shares are down 22.6% in 2026 so far, according to exchange data
(Reporting by Bharath Rajeswaran in Bengaluru)
((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))
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