SULA VINEYARDS LTD Q4 RESULTS

If one looks at how the sentiment cycle has moved in the last five months for the mid-cap, it has come full circle. At the start of the year 2024, “hope” nothing can go wrong with mid-caps, so load them. Then comes fear in the middle of February whi...

JPMorgan continues to favour SBI with an overweight rating, while Macquarie has boosted Escorts to an outperform status. Conversely, CLSA has downgraded Sula to underperform following Q4 results, and they're sticking with a sell rating on Asian Pain...

Sula Vineyards Share Price: The PAT for the quarter ended March 2024 dropped 4% year-on-year (YoY) to Rs 13.55 crore against Rs 14.24 crore for the same period, a year ago while the revenue from operations stood at Rs 131.70 crore, up by approximate...

Various widely tracked companies like Tata Motors, SBI, Asian Paints, BPCL, Larsen & Toubro, Tata Power, Canara Bank, TVS Motor, Hero MotoCorp, Godrej Consumer Products, JSW Energy, Dr. Reddy's Laboratories, PB Fintech, and Bank of Baroda will be re...

While they are not under the FMCG category if one looks at the difference between date of manufacturing of a bottle of liquor and the date at which it is being bought for consumption, it is probably lesser than what one would find in typical FMCG pr...

As the Dalal street continues to be in party mode with minor correction and sectoral profit booking taking place, staying bullish would appear to be the most logical thing at this point of time. Why fight against a trend? While staying bullish, just...

As the Dalal street continues to be in party mode with minor correction and sectoral profit booking taking place, staying bullish would appear to be the most logical thing at this point of time. Why fight against a trend? While staying bullish, just...

Among the Sensex stocks, Bajaj Finserv, Bharti Airtel, ICICI Bank, Bajaj Finance, Sun Pharma, and Maruti closed higher, while L&T, Wipro, TCS, Tata Motors, and Axis Bank ended with cuts. The market capitalisation of all listed companies on BSE surge...

Sula Vineyards is the largest producer and seller of wine in India, with over 60% market share in elite and premium wines in the domestic 100% grape wine market.

After touching a new high, nifty and sensex moved into correction mode. If one looks at the way markets have moved intraday in this phase of correction, it appears that a basket selling pushes the index down then there is one sector which pushes it ...

It is not only in India, but in a large number of countries across the world, liquor is a heavily taxed business. Despite being heavily taxed, if one looks at the long term trends, it is business which grows at a certain rate irrespective of all hea...

The company which controls over 50 per cent share in the domestic wine market, said its focus on premiumisation has paid off with its elite and premium wines clocking over 18% growth this quarter.

The company that controls over 50% share in the domestic wine market, said its focus on premiumisation has paid off with its elite and premium wines clocking over 35% growth this quarter.

Couple of weeks back, there was a news report about Karnataka raising excise duty on liquor which made some stocks witness a sharp decline. It was not the first time that in order to raise resources any state government has raised taxes. As the elec...

The company that controls over 50 per cent share in the domestic wine market, said its focus on premiumisation has paid off with its elite and premium wines clocking over 35% growth this quarter

However, Sula Vineyards in an exchange filing said, "It may be noted that the Order does not affect the existing business or the activities of the Company. The Company has always strived to and carried out its business in compliance with extant laws...

Sales rose to Rs 120 crore while profit after tax was Rs14.2 crore. The country's biggest winemaker said -own brands - revenue contribution jumped 86.3% during the fourth quarter with a volume growth of 14.4%.

India's Sula Vineyards reported Q4 consolidated net profit of Rs 14.2 crore, up 5% YoY, with an EBITDA of Rs 30 crore. Own brands revenue grew 14% to Rs 103 crore, wine tourism revenue increased 18% to Rs 12.5 crore in Q4.

Mukul Mahavir Agrawal raised his stake in Sula Vineyards to 2.38% by acquiring 4,00,000 equity shares during the March 2023 quarter. Agrawal, who publicly holds 58 stocks worth over INR 2,886.2 crore, added WPIL, De Nora India, TAAL Enterprises, and...