Som Distilleries & Breweries rose 1.33% to Rs 267 at 11:31 IST on BSE after the company said its subsidiary received requisite approvals from Karnataka State Pollution Control Board.
The announcement was made during trading hours today, 17 January 2018.Meanwhile, the S&P BSE Sensex was up 110.50 points, or 0.32% to 34,881.55.
On the BSE, 1.61 lakh shares were traded in the counter so far, compared with average daily volumes of 2.67 lakh shares in the past two weeks. The stock had hit a high of Rs 273.50 and a low of Rs 252.35 so far during the day. The stock hit a 52-week high of Rs 284.85 on 15 January 2018. The stock hit a 52-week low of Rs 114 on 6 March 2017.
Som Distilleries & Breweries announced that its subsidiary company, Woodpecker Distilleries and Breweries, has got the requisite approvals for consent to operate, from Karnataka State Pollution Control Board.
Net profit of Som Distilleries & Breweries rose 79% to Rs 4.94 crore on 50.5% rise in net sales to Rs 70.78 crore in Q2 September 2017 over Q2 September 2016.
Som Distilleries & Breweries is a brewing company.
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