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This spirit-maker stock is high on momentum; check name, strategy here

The share price of this alcoholic-beverage maker has rallied 21% in the last 9 trading sessions; technical chart suggests a potential upside of another 17% from here.

Market rally, bull, markets, stocks, economy, growth
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Globus Spirits stock outlook: Tech chart hints at likely target of ₹1,307. (Illustration: Binay Sinha)

Rex Cano Mumbai
The share price of this alcoholic-beverage maker has witnessed a steady 21 per cent rally in the 9 trading sessions, after the stock broke above its short-term 20-Day Moving Average (20-DMA) on the back of a sharp spike in trading volumes on July 11, 2025.  The stock in focus is Globus Spirits - well-known for its alcoholic beverage brands such as - Ghoomar, Heer Ranjha, White Lace, GR8 Times, TERAI India Dry Gin, County Club and French Castle among others. Globus Spirits stock has gained 17.5 per cent thus far in July. In comparison, the NSE Nifty has slipped