India's Som Distilleries hits record high on tie-up with Carlsberg India

Som Distilleries and Breweries

22/05/2023 09:26

** Shares of Som Distilleries and Breweries Ltd  SDB.NS 
jump as much as 6.9% to reach a record high of 202.95 rupees 
    ** Co posts steepest intraday climb since April 19 
    ** Indian liquor maker announces strategic tie-up with
Carlsberg India for Odisha plant 
    ** Odisha plant will be partly utilized to produce brands
from Carlsberg's portfolio - co
    ** Tie-up to lead to better utilisation of expanded capacity
at plant, SDB adds 
    ** More than 713,834 shares changed hands by 1:48 P.M. IST, 
vs 30-day avg of 831,018 shares 
    ** Stock has risen 66% so far this year 

 (Reporting by Hritam Mukherjee in Bengaluru)
 ((Hritam.Mukherjee@thomsonreuters.com;))