United Spirits share price lost 5.6 percent intraday, GM Breweries dropped 5 percent, United Breweries 3.2 percent and Globus Spirits 1.1 percent while Pincon Spirit was locked at 5 percent upper circuit after the news.
Last month, Roy was arrested by the Rajasthan police for allegedly duping 25,000 people in the state, who had invested money in the company's debenture.
In an interview to CNBC-TV18, Arup Thakur, CFO of Pincon Spirit discussed more on the company’s Q2 performance.
Pincon Spirit is buzzing in trade as the company has tied-up with Metro Cash and Carry to sell and distribute edible oil. In an interview to CNBC-TV18, Arup Thakur, CFO of Pincon Spirit spoke about the latest happenings in his company and sector.
The scrip of Parsvnath Developers tumbled 9.81 per cent to Rs 21.15 -- its lower circuit limit -- on BSE.
Securities and Exchange Board of India (Sebi) has directed the exchanges to stop trading in 331 entities suspected to be shell companies. In an interview to CNBC-TV18, Arup Thakur, CFO of Pincon Spirit spoke at length about this order.
Pincon Spirit increases prices on country liquor by Rs 10 per unit in West Bengal. In an interview to CNBC-TV18, Arup Thakur, CFO of the company spoke about the price hike and latest happenings in the company.
In an interview to CNBC-TV18, Arup Thakur, CFO of Pincon Spirit spoke about the results and his outlook for the company.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today -- BHEL, M&M, Rallis, Biocon, Indiabulls Housing Finance, Marksans Pharma, MCX, Alembic Pharma, Delta Corp, and Pincon Spirits.
The company has undergone a bottling tie-up with Nethravathi Distilleries situated at Bangalore Mangalore Road, Avargere Village, Kunigal Taluk, Kunigal, Karnataka for supply and distribution of goods in the state of Kerala.
Shriram EPC | Berger Paints | KPIT Tech | Godrej Industries | GE Shipping and Technofab Eng are stocks, which are in news today.
L&T | Idea Cellular | ONGC | HPCL | Coal India | Sambhaav Media | Quess Corp | Merck | Assam Company | NHPC | Kohinoor Foods | LT Foods | KRBL | Adani Enterprises | Varun Beverages and BEML are stocks, which are in the news today.
"We are the only company having a presence from manufacturing to retail outlet. So that makes our presence unique in the entire marketing chain. That is the logic behind this acquisition of liquor shops", Arup Thakur, CFO of Pincon Spirit told CNBC-TV18.
"Majority of our products are within Rs 100 pack size. So we have been successful in presenting our product because we are having majority of our products in the entry level and mid-level segment. So demonetisation did not have much of an effect", Arup Thakur, CFO of Pincon Spirit told CNBC-TV18.
Tata Steel | ITC | Aurobindo Pharma | NALCO | Dabur | Burnpur Cement | Manaksia Industries | KEI Industries | Brigade Enterprises | S H Kelkar | VST Tillers | Granules | Sobha | BEML and Pokarna are stocks, which are in the news today.
Liquor firm Pincon Spirits today said its board has approved raising of up to USD 30 million (approx Rs 200 crore) through issue of foreign currency convertible bonds (FCCBs).
According to Satish Gupta of Astrostocktips, liquor stocks like GM Breweries, Globus Spirits, Radico Khaitan, Pioneer Distilleries and Pincon Spirit will get astro support.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have HPCL, IOC, NALCO, Allcargo, Mandhana Retail, Pincon Spirits, Radico Khaitan, Bharti Airtel, Titagarh Wagons, MBL Infrastructures, Jagran Prakashan, and Nectar Life.
In an interview with CNBC-TV18, Subrata Basu, Director Operations of the company, said the company has synchronised its manufacturing activities in line with its competitors.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have - GNFC, CESC, Hindalco, Bharti Infratel, Pincon Spirit, IL&FS Engineering, Strides Shasun, Premier Explosives, Escorts, Upper Ganges Sugar, Mukta Arts, and Bharti Airtel.
Liquor makers United Spirits, United Breweries, Pincon Spirit, Globus Spirits, Radico Khaitan and Tilaknagar Industries shares rallied 4-12 percent intraday Friday after Patna High Court imposed a stay on Bihar's anti-liquor law.
United Spirits, GM Breweries, Pincon Spirit, Jagatjit Industries, Globus Spirits and Empee Distilleries will be receiving astrological support, says Satish Gupta of Astrostocktips.
Radico Khaitan, Pincon Spirit, Globus Spirit, Khoday Spirit and GM Breweries will be receiving astrological support, says Satish Gupta of Astrostocktips.
United Breweries, Globus Spirits, Tilaknagar, Pioneer Distilleries, Pincon Spirit etc will be receiving astrological support, says Satish Gupta of Astrostocktips.
Speaking to Arup Thakur, CFO of Pincon Spirit, said the efforts undertaken by the company in the last quarter have paid off in this current quarter. New products and geographical spreads have helped the company, he said.