India's Sula Vineyards jumps 4% on premium spirits entry report

Sula Vineyards

20/08/2025 09:58

** Shares of Sula Vineyards SULA.NS jump 4% to 260.95 rupees, its biggest intraday pct gain since mid-June

** Winemaker looking to enter premium spirits market, acquire smaller brands, CNBC-TV18 reports

** Sula did not immediately reply to a Reuters' request for comment

** More than 2.9 mln shares traded so far, 14x of 30-day avg

** Co posted a nearly 87% drop in profit for June-qtr

** YTD, SULA down ~35%

 (Reporting by Komal Salecha)

 ((Komal@thomsonreuters.com))