Som Distilleries reports 75% MoM increase in beer sales in Uttar Pradesh; Stock up 2%

Som Distilleries and Breweries Ltd has announced that the beer sales in the state of Uttar Pradesh for the month of July, 2022 are nearly up 75% as compared to the month of June, 2022.

Accordiing to the filing, this positive development reflects the acceptability of company’s brands in a new and competitive market like Uttar Pradesh, the company said.

Som Distilleries & Breweries Ltd is an India-based company, which is engaged in the manufacture and sale of beer and Indian-made foreign liquor (IMFL).

At around 9:19 AM, Som Distilleries & Breweries Ltd is currently trading at Rs93.60 per share up by Rs1.8 or 1.96% from its previous closing of Rs91.80 per share on the BSE.

The scrip opened at Rs92.10 and has touched a high and low of Rs93.60 and Rs92.10 respectively so far today. The current market cap of the company is Rs642.48 crore.