India's Sula Vineyards high on record Q1 revenue

Sula Vineyards

10/07/2023 05:12

** Shares of Sula Vineyards  SULA.NS  rise as much as 4.7%
    ** Biggest intraday pct climb since June 9
    ** Winemaker says Q1 rev jumps 17% yoy to a record high
    ** Own brands business up 24%, wine tourism rev up 11%
    ** CEO says, "looking forward to a strong FY24"
    ** Stock last up ~2%, taking YTD gains to ~37%

 (Reporting by Varun Vyas in Bengaluru)
 ((varunvyas.hebbalalu@thomsonreuters.com))