India's Som Distilleries and Breweries hits 4-year high

Som Distilleries and Breweries

30/09/2022 09:41

** Indian beer and liquor manufacturer Som Distilleries and
Breweries Ltd's shares  SDB.NS  jump as much as 5% to a 4-year
high of 116.9 rupees
    ** Stock is set to gain for a second straight session
    ** Co on Sept. 15 reported that supply of its brands of beer
and IMFL (Indian-made foreign liquor) had resumed under Delhi
government's new excise policy  urn:newsml:reuters.com:*:nFWN30M0JZ
    ** More than 2 mln shares traded, 3.7x their 30-day moving
avg of more than 550,000 shares
    ** Up to Thursday's close, SDB had risen 178.4% YTD
 (Reporting by Yagnoseni Das in Bengaluru)
 ((Yagnoseni.Das@thomsonreuters.com; Mobile: +91 6001289066))