India's Associated Alcohols up on starting production at plant
** Shares of Associated Alcohols & Breweries ASAL.NS
up 2.6% to 521.85 rupees in early trade
** Alco beverage co said it began commercial production at
its ethanol plant in central state of Madhya Pradesh
** Co hits its highest since Jan. 2022
** Stock has been trading above its 200-day simple moving
avg since July 2023
** It gained ~14% in 2023
(Reporting by Manvi Pant in Bengaluru)
((Manvi.Pant@thomsonreuters.com; +918447554364;))
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