We believe the domestic market offers various opportunities in term of sub-geographic penetration and market diversification.

Som Distilleries - To Increase Market Share Through Product Innovations, Capex: HDFC Securities

SIB ties up with DBFS to offer portfolio investment services to NRI customers; Syrma SGS acquires 51% stake in Johari Digital Healthcare; Sealmatic India bags order from IOCL; Amber Enterprises acquires 27% stake in AmberPR; Aeroflex Industries gets SEBI clearance for IPO; Som Distilleries & Breweri…

Stocks to watch today-- August 2, 2023

FCI halting rice supply to distilleries causes stocks to drop; 100 distilleries affected; Govt’s 14% ethanol blending target in petrol by Nov in jeopardy; Globus Spirits, Som Distilleries, Jagatjit, Gujchem, Tilaknagar stocks fall; United Spirits gains; Govt & All India Distillers’ Association may r…

Distillery stocks lose steam as FCI halts rice supply to make ethanol

Multibagger stock: Som Distilleries & Breweries shares surged 4.65% intraday to Rs 318 in the previous session. Som Distilleries stock opened lower at Rs 301.35 on BSE.

With 300% rally in a year, is there more steam left in this multibagger liquor stock?

Som Distilleries will now supply a bigger market as Rajasthan is one of the top five states in terms of alcohol consumption, the company said in an exchange filing.

Som Distilleries gain 3% after approval to supply beer in Rajasthan

SOM Distilleries and Breweries Ltd. has been granted permission to supply its beer brands in Rajasthan. Rajasthan is a top 5 beer consuming state in India. The company’s stocks rose 9.65% to ₹313.50 on BSE.

Stocks surge: SOM Distilleries and Breweries gets approval to supply beer in Rajasthan

Here are the stocks to watch before going into trade today.

Stocks To Watch: HDFC Bank, State Bank Of India, PNB, Som Distilleries, Suzlon Energy, Nestle India

Buzzing stocks: Reliance Industries, Vedanta, Deccan Gold, CDSL, SBI, HDFC Bank, Union Bank of India, Adani Enterprises, Exide Industries, IOC, Suzlon Energy, Tata Motors, PNB, Hindustan Zinc, Ramco Cements, Prism Johnson, Som Distilleries, Xpro India, Samvardhana

Stocks to watch today-July 9, 2023

On July 8 the board members of the company will meet to consider fund raising by issuing convertible equity warrants to promoters and/or other prospective investors on preferential basis.

Som Distilleries & Breweries shares gain 3% as Board mulls preferential fundraising

HDFC Asset Management, Indigo, HDFC, IIFL Securities, ITC, 3i Infotech, ITI, Royal Orchid, Lupin, Zydus LifeSciences, Easymytrip, Olectra Greenwich, Arihant Superstructures, Isgec Heavy, Bharat Agri, PVP Ventures, HPCL, Som Distilleries, Timken India, Aether Industries

Stocks to watch today — June 20, 2023

Early this month, Som Distilleries said its flagship, Hunter, emerged as the number one strong beer brand Delhi in May

Som Distilleries gains nearly 5% on commencing trials at Odisha plant

The creamy layer - amongst the top performing stocks

Performance

Seems to be overvalued vs the market average

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Som Distilleries & Breweries Limited is engaged in the manufacturing and sale of beer, and blending and bottling of Indian made foreign liquor (IMFL).