Liquor stocks in focus; United Breweries, Globus Spirits up over 5%

Pioneer Distilleries, Radico Khaitan and United Spirits were up in the range of 2% to 4% on the BSE, as compared to 0.13% rise in S&P BSE Sensex.

Shares of liquor companies were in focus with United Breweries and Globus Spirits rallying up to 8% on the BSE, on the expectations of higher volume growth in the current quarter(October-December).

Globus Spirits surged 8% to Rs 166 on the BSE on the back of a two-fold jump in trading volumes. A combined 208,468 equity shares changed hands on the counter on the BSE and NSE till 03:00 pm.

United Breweries (UBL) soared 6% to Rs 1,380, its highest level since October 1, 2018. The stock was trading 6% lower from its 52-week high level of Rs 1,464