India's Associated Alcohols up on starting production at plant

Associated Alcohols & Breweries

15/01/2024 04:13

** 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;))