India's Sula Vineyards climbs on disposal of $14 mln demand notice

Sula Vineyards

18/03/2024 07:02

** Shares of Sula Vineyards  SULA.NS  up 3.8% at 543 rupees,
on track for third straight day of gains
    ** Winemaker says Maharashtra state government sets aside
demand notice of 1.16 billion rupees ($14 mln) from Feb. 2018
    ** Stock breaches 100-day moving avg
    ** Stock up 54% in last 12 months; YTD, it is up 8% so far

($1 = 82.8900 Indian rupees)

 (Reporting by Aleef Jahan in Bengaluru)
 ((aleefjahan.cs@thomsonreuters.com))