On the BSE, 54,315 shares were traded on the counter so far as against the average daily volumes of 1.36 lakh shares in the past one quarter. The stock had hit a high of Rs 65.60 and a low of Rs 62.20 so far during the day. The stock had hit a 52-week high of Rs 80.30 on 25 January 2017 and a 52-week low of Rs 42.15 on 22 August 2017.
The stock had outperformed the market over the past one month till 12 October 2017, gaining 18.18% compared with the Sensex's 0.07% rise. The stock had, however, underperformed the market over the past one quarter, falling 14.12% as against the Sensex's 1.19% rise. The scrip had also underperformed the market over the past one year, declining 18.27% as against the Sensex's 14.6% rise.
The small-cap company has equity capital of Rs 44.09 crore. Face value per share is Rs 10.
Pincon Spirit said that it has entered into a bottling tie up with SDF Industries, Palakkad, Kerala for their brands Ultra Force Rum, Ruby Gold Brandy, Pincon Rum/brandy and King's Coin Rum/brandy.
Kerala State Beverages Corporation (SBCL) board has given the clearance and the company's products shall be rolled out in first week of November 2017. The company is expecting sale of 3 lakh cases in the year ending 31 March 2018 (FY 2018).
Net profit of Pincon Spirit rose 30.6% to Rs 11.92 crore on 26.3% rise in net sales to Rs 390.62 crore in Q1 June 2017 over Q1 June 2016.
Pincon Spirit is a liquor company. The company is engaged in carrying on the business of blending, bottling and wholesale distribution of Indian made Indian liquor (IMIL).
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