Dolly Khanna-Invested Multibagger Som Distilleries Shares Surge 900% In Five Years

Som Distilleries and Breweries Ltd will focus on Indian Made Foreign Liquor this year, according to Managing Director JK Arora. "In April, we have had an exceptional growth for IMFL. This year the share of IMFL will be much more; in the total business our share should be from 6% to 20%," he said.

"For the last two years, we have focused more on beer because the growth in the beer industry was exceptional. But it does not mean that IMFL is not on our radar," Arora told NDTV Profit on May 6.

Arora expects a revival in beer volumes beginning in May as the new excise structure begins to take effect. "It is the government who has made the shift again; now these things are inert, as the taxation has got down. So definitely, the volume is going to be up now. The new notification is in favour of the beer. So, we are looking for much higher growth," he said.

Shares of Som Distilleries closed 2.49% higher at Rs 160.90 apiece, compared to 1.29% advance at the benchmark NSE Nifty 50.