G M Breweries Ltd Share Price

Dalmia Bharat Sugar & Industries Ltd lost 0.94% today to trade at Rs 415.4. The BSE Fast Moving Consumer Goods index is down 0.15% to quote at 20131.46. The index is down 3.25 % over last one month. Among the other constituents of the index, Honasa Consumer Ltd decreased 0.74% and G M Breweries Ltd lost 0.74% on the day. The BSE Fast Moving Consumer Goods index went down 2.82 % over last one year compared to the 6.33% surge in benchmark SENSEX.

Dalmia Bharat Sugar & Industries Ltd has lost 6.38% over last one month compared to 3.25% fall in BSE Fast Moving Consumer Goods index and 0.56% drop in the SENSEX. On the BSE, 4 shares were traded in the counter so far compared with average daily volumes of 7831 shares in the past one month. The stock hit a record high of Rs 582 on 03 Oct 2024. The stock hit a 52-week low of Rs 290.9 on 03 Mar 2025.

However, in a major relief for consumers and certain manufacturers, beer and wine have been left out of the duty hike. Additionally, the government introduced a new category called Maharashtra-made liquor (MML), which will also enjoy exemption from the revised duties.

The policy shift triggered strong buying in stocks with significant exposure to the beer and wine segment. Investors saw this as a positive for companies like Sula Vineyards and GM Breweries, both of which are headquartered in Maharashtra and stand to benefit from the tax break.

GM Breweries is engaged in the activities of manufacturing and marketing of Alcoholic Beverages; such as Country Liquor (CL) and Indian made Foreign Liquor (IMFL). It is the largest manufacturer of country liquor in the state of Maharashtra with a sizeable market share.

Sula Vineyards is principally engaged in the business of manufacture, purchase and sale of premium wine and other alcoholic beverages.