Published On:April 16 2024
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Som Distilleries & Breweries Stock Surges Following Bhopal Canning Facility Commissioning
Som Distilleries & Breweries Ltd (SDBL) has recently announced the successful commissioning of its packaging equipment plant at the Bhopal canning facility. The introduction of this new facility marks a significant milestone for the company, aimed at enhancing operational capabilities and efficiency.
Following this announcement, the company's stock witnessed a positive trajectory on the National Stock Exchange (NSE), trading at ₹308.80, reflecting a notable increase of 3.59% as of 10:33 am.
As per the details disclosed in the stock exchange filing, the installation of the state-of-the-art wraparound equipment is poised to elevate operational efficiency by approximately 25%. This advancement underscores SDBL's commitment to leveraging cutting-edge technology to optimize its production processes and deliver superior quality products to consumers.
Notably, this development comes shortly after the company initiated commercial production at its expanded capacity Karnataka plant on April 8. These strategic moves are indicative of SDBL's proactive approach towards bolstering its manufacturing capabilities and strengthening its market position in the beverage industry.
HBL