back to top
Sunday, June 16, 2024
34 C
Lucknow
HomeRecent NewsAlcohol Industry StocksRecovery Officer Debt Recovery Tribunal sells Rs 716-cr shares...

Recovery Officer Debt Recovery Tribunal sells Rs 716-cr shares in United Spirits

Recovery Officer Debt Recovery Tribunal on Friday offloaded shares worth over Rs 716 crore in United Spirits Ltd, through an open market transaction. Bulk deal data on the BSE showed that Recovery Officer I DRT II sold over 1.13 crore shares at an average price of Rs 630.93 apiece.

This translated into a total deal value of Rs 716.15 crore.

On the BSE, shares of United Spirits ended 2.27 per cent higher at Rs 665.6 apiece.

The above news was originally posted on economictimes.indiatimes.com

Aabkari Times Editorial Teamhttps://aabkaritimes.com
Aabkari Times is a monthly news magazine on Liquor, Excise and Alcohol allied industry; being published since 2009 by the expertise of retired excise dept. associates and alco-bev industry professionals as our editorial team. Our magazine contains different new alco-bev strategic and new brand launch articles as well as news on recent govt. policies, trends on alcohol industry and other important data relevant to the distilleries and industry at the mass.

- Advertisement -

Global Insights, Indian Excise News, Industry Tips & Strategies

spot_img

- Advertisement -

-Advertisement-

You may be interested in

   

Popular all-time

More

    Cricket World Cup 2023 Boosts Liquor Sales in India

    As the Cricket World Cup 2023 unfolds in India, the nation's liquor sales are soaring to unprecedented heights. With cricket enthusiasts gathering to watch...

    Beer Sales Triumph Over Spirits as Celebrations and Weddings Drive AlcoBev Industry Revival

    Good news for the alcohol industry! Beer sales are doing better than other drinks, thanks to more parties and weddings happening like before COVID,...

    Radico Khaitan signs Nidhi Agerwal as their brand influencer for Morpheus Brandy

    Chennai: Radico Khaitan, – one of the largest manufactures of Indian Made Foreign Liquor (IMFL) in India signs Nidhi Agerwal, a popular South Indian...

    Som Distilleries gets Karnataka Excise Department’s nod to supply premium beers in Tamil Nadu

    Som Distilleries announced receiving the Karnataka Excise Department's approval to supply premium beer brands in Tamil Nadu. The stock gained nearly 5 percent after...