Globus Spirits Ltd.

NSE: GLOBUSSPR | BSE: 533104 | ISIN: INE615I01010 | Industry: Breweries & Distilleries
| Expensive Performer
995.9000 -12.00 (-1.19%)
NSE Jun 06, 2025 15:31 PM
Volume: 40,229
 

995.90
-1.19%
ICICI Securities Limited
While FY21 saw overall muted utilisation levels (86% vs. 91% in FY20), resumption of business in H2 again saw utilisation peaking to 90%+ levels. Also, while the company's 140 klpd West Bengal plant is on track (completion by Q2 end), the management is planning to embark on further expansion of the plant (completion by next year) by another 140 klpd (280 klpd in total) and would require investment of | 110 crore (via internal accruals). The management also plans to construct two other plants in Jharkhand and Bihar (220 klpd in total) by FY23, at an outlay of | 225 crore...
Globus Spirits Ltd. is trading above its 200 day SMA of 984.1
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