Sula Vineyards Share Price

Sula Vineyards Share Price And History:

Last year, the stock of Sula Vineyards, a company listed in the Stock Market, saw a big boom on Wednesday. On the third trading day of the week, Sula Vineyard’s scrip 1 gained nearly 9 percent to trade at Rs 358.20 on the BSE index. The stock has gained 12 percent in the last two trading days. The Sula Vineyards Share Price is Rs 358.20.

Meanwhile, brokerage firm CLSA has a ‘Buy’ rating showing confidence in Sula Vineyards stock. The brokerage has set a target price of Rs 475 per share for the stock. Let us tell you that the stock touched an all-time high of Rs 432 on January 23, 2023. The stock hit an intraday low of Rs 305.35 on December 26, 2022.

Sula Vineyards Share Price
Sula Vineyards Share Price:

Sula Vineyards Share Price:

According to CLSA analysts, the Sula Vineyards company is the top player in India with strong backend capabilities and a distribution network. Its EBITDA margin gives the company the ability to make investments which will be important for the long term. Changes in liquor incentive schemes remain a major regulatory risk, according to the brokerage firm.

Explain that Sula Vineyards is India’s largest wine producer and seller with about 52 percent market share. The company manufactures 56 different brands of liquor in Maharashtra and Karnataka. The Sula Vineyards company has the largest distribution network among liquor companies in India. It has 13,000 retail touchpoints in India.

Sula Vineyards Share Price:

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