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**BREAKING NEWS AND POSITIVE NEWS FOR LIQUOR STOCKS**👇🏻
**Good news for liquor seller's. In view of Covid 19, liquor shops were shut down in lockdown but they were asked continue to pay license fees during this period also. However, Maharahtra cabinet today exempted for this pa...
Beer Craze May Boost Australian Barley Shipments to India
· Australian barley growers could soon be raising a glass to India’s swelling cohort of beer drinkers, who are being eyed as a potential market for some of the country’s excess stocks of the grain, after its biggest buy...
GM Breweries reported its Q2FY21 numbers. While the topline de-grew 40% YoY to | 73 crore, the absolute EBITDA de-grew 37% to | 15 crore as the EBITDA margins remained rangebound at 21% levels. Subsequently, PAT de-grew 44% to | 11 crore.
GM Breweries share price falls 4% after Q2 profit dips 43% to Rs 11 crore Revenue of the company was down 40 percent at Rs 72.6 crore against Rs 121.4 crore YoY.
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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