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Alcohol stocks in limelight, jump up to 10%; United Spirits at record high
Pioneer Distilleries, Tilaknagar Industries, IFB Agro Industries, Khoday India, GM Breweries, Som Distilleries and United Breweries were rallied by upto 10% on the BSE in intra-day today.
Pioneer Distilleries down 5% after fixing swap ratio for merger with USL
10 equity shares of Rs 2 each of USL, will be issued for every 47 equity shares of Rs 10 each held by shareholders of the Pioneer Distilleries.
Pioneer Distilleries zooms 20% post Q4 results
The company reported a net profit of Rs 208 million in Q4FY18 against a net loss of Rs 112 million in year ago quarter.
Pioneer Distilleries, Globus Spirits, Som Distilleries surge 20%
Empee Distilleries, Tilaknagar Ind, Radico Khaitan, GM Breweries and United Breweries were up 1%-13% on BSE.
