Its total revenue from operations declined 33.70% to Rs 1,774.65 crore during the quarter under review as against Rs 2,677.07 crore in the corresponding quarter last year
United Breweries, Radico Khaitan, United Spirits, GM Breweries, Associated Alcohols & Breweries and Globus Spirits declined between 3 per cent and 7 per cent on the BSE
Analysts say alcohol sales could be an early beneficiary of overall recovery
The stock rallied 6.5% to Rs 436 on the BSE on the back of heavy volumes.
Radico Khaitan standalone net profit rises 27.05% in the September 2017 quarter
On April 20, Madhuri Madhusudan Kela bought 704,741 shares at Rs 117 per share on the NSE.
The stock was trading 1% higher at Rs 135, falling 5% from intra-day high on the BSE.
Stock of the company were trading at Rs 96.4 on BSE, up 3.60% from its previous close