India's Som Distilleries hits record high on quarterly profit rise

Som Distilleries and Breweries

01/08/2023 05:12

** Shares of Som Distilleries and Breweries  SDB.NS  up as
much as 9.3% to a record high of 365 rupees 
    ** Liquor maker on Monday, post-market hours, reported a
~31% YoY rise in June qtr profit; rev from ops up ~74%   
    ** Over 549,000 shares change hands by 09:38 a.m. IST, 1.0x
the 30-day moving avg 
    ** SDB on track to rise for second straight session, if
gains hold 
    ** As of last close, stock up ~180% this year


 (Reporting by Kashish Tandon in Bengaluru)
 ((Kashish.tandon@thomsonreuters.com))