India's Som Distilleries up on stock split approval

Som Distilleries and Breweries

02/04/2024 11:05

** Shares of Som Distilleries And Breweries  SDB.NS  up 4.4%
to 293.5 rupees
    ** Liquor maker approves sub-division of shares for each
share into equivalent number of shares 
    ** SDB on track for second straight session of gains; had
lost 4.1% in March for sixth consecutive month of losses
    ** Busiest session for the stock since March 14 when it had
announced stock split proposal 
    ** More than 1.3 mln shares change hands, nearly three times
the 30-day avg 
    ** Stock up 3.2% YTD, had more than doubled in 2023 for
third straight year of gains 


 (Reporting by Dimpal Gulwani in Bengaluru)
 ((dimpal.gulwani@thomsonreuters.com))