India's Sula Vineyards up after record grape harvest

Sula Vineyards

04/03/2024 06:36

** Shares of India's largest wine producer Sula Vineyards
 SULA.NS  up 2.8% at 572.60 rupees
    ** SULA says grape harvest in 2024 "shaping up to be
excellent" in terms of quantity and quality for fourth straight
year, with harvest setting new record of more than 10,500 tons
    ** Adds it is set to open its first tasting room and bottle
shop outside its wineries in Q1 FY25
    ** Stock eyes fifth straight quarter of gains
    ** Stock up 14.6% YTD, after a 50.3% rise in 2023 
    

 (Reporting by Rama Venkat in Bengaluru)
 ((ramavenkat.raman@thomsonreuters.com; https://twitter.com/ramavenkat0607;))