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Alcohol stocks in a tizzy

about 10 years ago

Last year when CM of Bihar, Nitesh Kumar had announced that he would be declaring Bihar a dry state from 1st April 2016, all major liquor stocks plunged into the red. These companies have a huge market in Bihar and the state too was earning revenue of around Rs 4,000 crore annually from liquor sa ...

CAN INDIA INC PRACTICE GANDHIGIRI?

about 14 years ago

For India Inc, Gandhiji and his principles do not seem to hold any significance. Vijay Mallya showed his love for the country and the Mahatma by buying some auctioned memorabilia of Gandhiji, which included his iconic round-rimmed spectacles, for Rs.9.3 crore. Yet buying his spectacles

Allied Blenders

about 2 years ago

Not a Good Choice
Subscription Start Date :25 Jun 2024 End Date :27 Jun 2024
Issue Size : Rs. 1,500 cr, Issue Type : Fresh cum OFS
Price Band : Rs.267 to Rs. 281
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Overall Subscription : 23.49x
QIB : 50.37x,HNI :32.35x,Retail :4.42x,Other :9.64x
Listing Date : 2 Jul 2024, , Listing Price : 318

Rajshree Sugars spurts over 12%

about 9 years ago

The stock has shown a very good rise in volumes at over 3 times and the price rose over 12% at Rs.58.80.

United Spirits is top gainer

about 10 years ago

No longer a Vijay Mallya company, United Spirits is a subsidiary of British multinational Diageo plc. The stock is the top gainer on the BSE right since the opening bell, up almost 6% at Rs.2194.

Globus Spirits remains kicked up

about 10 years ago

Globus Spirits announced on the 28th of Dec that it had resumed its operation and commenced its commercial production (with a production capacity of 80,000 Bulk Litre per day) at its Bihar unit from 2nd Dec. This was “after removing all the technical bottlenecks at its unit.” The plan ...

Globus Spirits all kicked up

about 10 years ago

Globus Spirits is surely all kicked up today. With an intra day high a Rs.82, one thought it was not too far away from its 52-week high of Rs.91.20. It has come down to Rs.79 levels as of now but remains over 9% up. The reason for this intoxication with Globus is its very good show for Q1FY1 ...

Pioneer Dist on 5% LC

about 11 years ago

Pioneer Distilleries has been breaching the lower circuit consistently since yesterday and today too, it breached the LC it at Rs.116.40, down 5%. The company, a subsidiary of United Spirits announced yesterday that the manufacturing activities of the 100 Kilo Liters Per Day (KLPD) Molasses ...

Globus Spirit

about 18 years ago

Price Band : Rs. - to Rs. -
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10% ETHANOL BLENDING - FINALLY A REALITY?

about 12 years ago

Almost six years ago, it was proposed to make 10% blending of ethanol in petrol as vehicle fuel mandatory. An extremely workable idea but it never really took off like so many other things. And what is the roadblock? Believe it or not, amongst many ministers, even the Planning Commission and the Department of Chemicals

Globus Spirit

about 19 years ago

Price Band : Rs. - to Rs. -
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ETHANOL MAKES SUGAR SWEET

about 7 years ago

Who would have thought that one day it is ethanol which would save the day for sugar companies? As the year recorded a record output of sugar, pushing the prices down, it was ethanol which made the earnings look sweet.

NO MORE THE ‘PREFERRED’ ONE…

about 8 years ago

Protectionism is at its peak. USA, or rather, Trump feels that the entire world has been having a party at the cost of his country. And he is trying all he can to end this party. He has already fired salvos as China and India has always been on his radar. Starting with H1B, then tariffs on steel, he has made it clear that barriers will only go up further. But raising barriers at a time when the world cannot survive without globalization

10% ETHANOL BLENDING - COUPLE OF YEARS AWAY

about 8 years ago

With fuel prices constantly on the rise, and expected to only go up further as and when crude rises, India needs to work on a war footing to fnd alternatives. Well, no one money is being spent on R&D in India but even the idea which was mooted and had started actually working too is on the backburner

DIAGEO WAKES UP TO A BAD HANGOVER - NASHA GONE?

about 12 years ago

Good times seem to be turning ugly. And Vijay Mallya's one long party is surely giving him the mother of all hangovers. The recent battle of turf between United Spirits Ltd (USL)/Diageo and Mallya is turning into a soap opera with each party looking suspicious. On Saturday, at a Board Meeting chaired by Mallya, the USL board asked him to resign with immediate effect as tit had lost all confidence in him.

UNION BUDGET FY15 - GAINERS & LOSERS

about 12 years ago

For most part of the Budget, it sounded almost like a Congress Budget, except that the speech was longer, Mr.Arun Jaitley took a five minute break and there were so many micro issues in the Budget that one minister was actually caught on TV with a huge yawn! It would be really unfair for us to expect this 6 week old Govt to announce huge Big Bang measures in this Budget. Yet, in the short span of time, the Govt did announce a lot of sops.

India Glycols at new high

about 11 months ago

The stock surged to a fresh 52-week high of Rs 1,134.60 today, after reporting a stronger-than-expected Q2 performance.