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Indian stock markets are raining gold these days. Like the boom of liquor, the stock prices of liquor companies are also rising rapidly. There are some companies which have given 100% return to the investors in just 5 months. Let us know about the shares of these companies…
India is the fastest growing alcohol market in the world, so the demand for alcohol is increasing here. The companies doing business here and the investors investing in their stocks are getting the benefit of this. India is the third largest liquor market in the world by volume after the US and China.
Liquor stocks making double profit in 5 months
Some liquor manufacturing companies are ahead not only in doing business but also in giving money to the investors. This is the list of some such companies whose stock has grown by more than 100 percent in the last 5 months.
The liquor company named Som Distilleries and Breweries is at the forefront of this list. Its stock has given a return of 108 percent since April. Then its share price was around Rs 153, which has now reached Rs 324.
Another name in this list of liquor companies is brandy and whiskey maker Tilaknagar Industries. Its share was around Rs 115 in April and now it has reached Rs 218.50.
Apart from this, United Spirits, one of the largest liquor companies in the country, has also been a company giving better returns to its investors. However, its share price has not given double returns. Its share price was around Rs 750 in April, now it has reached Rs 1024.
These brands are under control
The liquor companies mentioned above produce many brands, but some of their brands are quite famous. SOM Distilleries produces brands like 'Hunter Beer' and 'Pentagon Whiskey'. Tilaknagar Industries owns the famous brandy brands 'Courier Napoleon' and 'Mansion House'. Apart from this, the company also produces rum under the name 'Madira Gold' and orange gin under the name 'Blue Lagoon'. United Spirits owns about 50 brands. The most popular liquor of the company is 'Black Label' whiskey.
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