India's Som Distilleries rises on commissioning new equipment

United Spirits

16/04/2024 06:34

** Shares of Som Distilleries And Breweries  SDB.NS  rise as
much as 4.3% to 311 rupees; last up 3.3% 
    ** Liquor maker says it has commissioned new wraparound
packaging equipment at its Bhopal canning facility
    ** New equipment streamlines production processes and
expected to raise operational efficiency by about 25%, co adds 
    ** Stock is up 8% YTD, outperforming peers United Spirits
 UNSP.NS  and United Breweries  UBBW.NS , which have gained
between 3.1%-3.9%

 (Reporting by Navamya Ganesh Acharya in Bengaluru)
 ((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))