Liquor stocks decline after FSSAI mandate makers to carry statutory caution on bottles

Liquor stocks decline after FSSAI mandate makers to carry statutory caution on bottles

by admin- Tuesday, April 2nd, 2019 03:58:57 PM

Liquor stocks declined because the Food Safety & Standards Authority of India (FSSAI) mandate makers to hold statutory caution on bottles. Food Safety and Standards (Alcoholic Beverages) 2018 has mandated the makers to hold ‘Consumption of alcohol is injurious to health. Be safe-don’t drink and pressure.’ It has also given a time of six months to the producer for use of unused labels and published cans.

GM Breweries is presently buying and selling at Rs. 648.70, down via 21.35 points or 3.19 % from its preceding last of Rs. 670.05 on the BSE. The scrip opened at Rs. 684.00 and has touched a high and occasional of Rs. 684.00 and Rs. 635.00 respectively. So some distance 12139 shares have been traded on the counter.

United Breweries is currently buying and selling at Rs. 1407.00, down by means of 8.20 points or 0.Fifty eight % from its preceding remaining of Rs. 1415.20 at the BSE. The scrip opened at Rs. 1415.00 and has touched a high and coffee of Rs. 1415.00 and Rs. 1391.Sixty five respectively. So far 7226 shares had been traded on the counter.

Radico Khaitan is presently buying and selling at Rs. 393.35, down through 1.Forty factors or zero.35 % from its previous ultimate of Rs. 394.Seventy five on the BSE. The scrip opened at Rs. 398.50 and has touched a high and occasional of Rs. 398.50 and Rs. 392.45 respectively. So a long way 13944 stocks had been traded on the counter.

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